Independent Advisor Alliance Buys Shares of 239,737 Capital Group Core Equity ETF (NYSEARCA:CGUS)

Independent Advisor Alliance bought a new stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 239,737 shares of the company’s stock, valued at approximately $8,384,000. Independent Advisor Alliance owned about 0.29% of Capital Group Core Equity ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in CGUS. Raymond James Financial Inc. bought a new stake in Capital Group Core Equity ETF in the fourth quarter valued at $169,537,000. LPL Financial LLC raised its stake in shares of Capital Group Core Equity ETF by 35.7% during the third quarter. LPL Financial LLC now owns 6,668,760 shares of the company’s stock valued at $228,605,000 after purchasing an additional 1,755,050 shares in the last quarter. Private Advisor Group LLC raised its stake in shares of Capital Group Core Equity ETF by 136.0% during the fourth quarter. Private Advisor Group LLC now owns 1,986,336 shares of the company’s stock valued at $69,462,000 after purchasing an additional 1,144,833 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Capital Group Core Equity ETF by 63.7% during the fourth quarter. Jones Financial Companies Lllp now owns 1,750,757 shares of the company’s stock valued at $61,224,000 after purchasing an additional 681,120 shares in the last quarter. Finally, Captrust Financial Advisors raised its stake in shares of Capital Group Core Equity ETF by 24.8% during the third quarter. Captrust Financial Advisors now owns 1,532,985 shares of the company’s stock valued at $52,551,000 after purchasing an additional 305,067 shares in the last quarter.

Capital Group Core Equity ETF Stock Down 2.3 %

Shares of NYSEARCA CGUS opened at $33.62 on Tuesday. Capital Group Core Equity ETF has a fifty-two week low of $29.63 and a fifty-two week high of $36.75. The firm’s 50-day simple moving average is $35.57 and its 200 day simple moving average is $34.96. The stock has a market cap of $4.70 billion, a P/E ratio of 26.66 and a beta of 0.93.

Capital Group Core Equity ETF Profile

The Capital Group Core Equity ETF (CGUS) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in companies believed to have the potential for appreciation and\u002For dividends. CGUS was launched on Feb 22, 2022 and is managed by Capital Group.