Bleakley Financial Group LLC Boosts Stock Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Bleakley Financial Group LLC grew its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 4.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 81,422 shares of the company’s stock after acquiring an additional 3,791 shares during the quarter. Bleakley Financial Group LLC’s holdings in Capital Group Core Equity ETF were worth $2,847,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Geneos Wealth Management Inc. increased its position in shares of Capital Group Core Equity ETF by 111.0% in the fourth 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. JPMorgan Chase & Co. increased its position in shares of Capital Group Core Equity ETF by 944.1% in the third 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. ORG Partners LLC purchased a new stake in shares of Capital Group Core Equity ETF during the fourth quarter worth approximately $105,000. Private Client Services LLC purchased a new stake in shares of Capital Group Core Equity ETF during the fourth quarter worth approximately $200,000. Finally, Atria Investments Inc purchased a new stake in shares of Capital Group Core Equity ETF during the third quarter worth approximately $204,000.

Capital Group Core Equity ETF Stock Performance

Shares of CGUS opened at $36.62 on Friday. Capital Group Core Equity ETF has a one year low of $29.14 and a one year high of $36.75. The stock has a market capitalization of $3.02 billion, a price-to-earnings ratio of 26.52 and a beta of 0.96. The stock has a 50 day moving average price of $35.66 and a 200 day moving average price of $34.48.

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.