PFG Advisors Raises Stock Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

PFG Advisors raised its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 14.4% during the fourth quarter, Holdings Channel reports. The firm owned 90,532 shares of the company’s stock after buying an additional 11,393 shares during the quarter. PFG Advisors’ holdings in Capital Group Core Equity ETF were worth $3,166,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in CGUS. Stonebridge Financial Group LLC purchased a new position in Capital Group Core Equity ETF during the 4th quarter valued at $41,000. Synergy Investment Management LLC bought a new stake in shares of Capital Group Core Equity ETF during the 4th quarter valued at $50,000. Geneos Wealth Management Inc. boosted its holdings in shares of Capital Group Core Equity ETF by 111.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 2,173 shares of the company’s stock valued at $76,000 after buying an additional 1,143 shares in the last quarter. Larson Financial Group LLC boosted its holdings in shares of Capital Group Core Equity ETF by 21.1% during the 4th quarter. Larson Financial Group LLC now owns 2,465 shares of the company’s stock valued at $86,000 after buying an additional 430 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Capital Group Core Equity ETF by 944.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,934 shares of the company’s stock valued at $101,000 after buying an additional 2,653 shares in the last quarter.

Capital Group Core Equity ETF Trading Up 0.3 %

Shares of CGUS stock opened at $33.53 on Thursday. Capital Group Core Equity ETF has a 12 month low of $29.63 and a 12 month high of $36.75. The stock has a market cap of $4.69 billion, a PE ratio of 26.66 and a beta of 0.93. The company’s fifty day moving average price is $35.51 and its 200-day moving average price is $34.95.

About Capital Group Core Equity ETF

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.