Cornerstone Wealth Advisors Inc. Buys New Stake in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Cornerstone Wealth Advisors Inc. bought a new stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 9,013 shares of the company’s stock, valued at approximately $315,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. JPMorgan Chase & Co. lifted its stake 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 worth $101,000 after purchasing an additional 2,653 shares during the period. ORG Partners LLC purchased a new position in shares of Capital Group Core Equity ETF during the 4th quarter worth $105,000. Private Client Services LLC purchased a new position in shares of Capital Group Core Equity ETF during the 4th quarter worth $200,000. Atria Investments Inc purchased a new position in shares of Capital Group Core Equity ETF during the 3rd quarter worth $204,000. Finally, Hilltop Holdings Inc. purchased a new position in shares of Capital Group Core Equity ETF during the 3rd quarter worth $206,000.

Capital Group Core Equity ETF Stock Up 0.1 %

Shares of Capital Group Core Equity ETF stock opened at $36.30 on Friday. Capital Group Core Equity ETF has a fifty-two week low of $28.70 and a fifty-two week high of $36.38. The firm has a market cap of $3.00 billion, a PE ratio of 26.52 and a beta of 0.96. The business’s fifty day moving average is $35.44 and its two-hundred day moving average is $34.27.

Capital Group Core Equity ETF Company 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.