Gateway Wealth Partners LLC Boosts Stock Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Gateway Wealth Partners LLC increased its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 62.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,296 shares of the company’s stock after buying an additional 5,509 shares during the period. Gateway Wealth Partners LLC’s holdings in Capital Group Core Equity ETF were worth $490,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of CGUS. Envestnet Asset Management Inc. increased its stake in shares of Capital Group Core Equity ETF by 28.6% during the second quarter. Envestnet Asset Management Inc. now owns 5,892,224 shares of the company’s stock valued at $190,024,000 after purchasing an additional 1,311,729 shares in the last quarter. LPL Financial LLC increased its stake in shares of Capital Group Core Equity ETF by 21.9% during the second quarter. LPL Financial LLC now owns 4,913,710 shares of the company’s stock valued at $158,467,000 after purchasing an additional 883,726 shares in the last quarter. Capital Group Private Client Services Inc. increased its stake in shares of Capital Group Core Equity ETF by 3.2% during the first quarter. Capital Group Private Client Services Inc. now owns 3,316,695 shares of the company’s stock valued at $103,348,000 after purchasing an additional 103,049 shares in the last quarter. Raymond James & Associates increased its stake in shares of Capital Group Core Equity ETF by 18.2% during the third quarter. Raymond James & Associates now owns 2,611,991 shares of the company’s stock valued at $89,539,000 after purchasing an additional 401,507 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Capital Group Core Equity ETF by 12.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,474,494 shares of the company’s stock valued at $79,803,000 after purchasing an additional 270,168 shares in the last quarter.

Capital Group Core Equity ETF Stock Performance

Shares of NYSEARCA CGUS opened at $34.68 on Wednesday. Capital Group Core Equity ETF has a fifty-two week low of $24.42 and a fifty-two week high of $35.01. The company has a 50 day simple moving average of $33.95 and a two-hundred day simple moving average of $32.58. The company has a market capitalization of $2.86 billion, a price-to-earnings ratio of 26.52 and a beta of 0.96.

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.