Capital Group Core Equity ETF (NYSEARCA:CGUS) Stake Lifted by Cetera Investment Advisers

Cetera Investment Advisers increased its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 196.8% in the first quarter, Holdings Channel.com reports. The institutional investor owned 2,183,823 shares of the company’s stock after acquiring an additional 1,448,154 shares during the period. Cetera Investment Advisers’ holdings in Capital Group Core Equity ETF were worth $68,048,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in CGUS. UBS Group AG lifted its holdings in shares of Capital Group Core Equity ETF by 37.7% in the fourth quarter. UBS Group AG now owns 378,769 shares of the company’s stock valued at $10,719,000 after buying an additional 103,795 shares during the period. Vantage Financial Partners Ltd. Inc. lifted its holdings in shares of Capital Group Core Equity ETF by 120.9% in the fourth quarter. Vantage Financial Partners Ltd. Inc. now owns 346,377 shares of the company’s stock valued at $9,802,000 after buying an additional 189,573 shares during the period. Signature Resources Capital Management LLC acquired a new stake in shares of Capital Group Core Equity ETF in the fourth quarter valued at $296,000. Lincoln National Corp lifted its holdings in shares of Capital Group Core Equity ETF by 10.0% in the fourth quarter. Lincoln National Corp now owns 257,700 shares of the company’s stock valued at $7,293,000 after buying an additional 23,358 shares during the period. Finally, Wealthcare Advisory Partners LLC lifted its holdings in shares of Capital Group Core Equity ETF by 45.0% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 227,767 shares of the company’s stock valued at $6,446,000 after buying an additional 70,712 shares during the period.

Capital Group Core Equity ETF Stock Down 1.9 %

Shares of NYSEARCA CGUS traded down $0.63 during mid-day trading on Friday, hitting $32.12. 591,231 shares of the company traded hands, compared to its average volume of 561,262. Capital Group Core Equity ETF has a 1 year low of $24.19 and a 1 year high of $33.45. The stock has a market capitalization of $2.65 billion, a price-to-earnings ratio of 26.52 and a beta of 0.96. The business has a 50 day moving average of $32.34 and a two-hundred day moving average of $31.02.

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.