Independent Financial Group LLC Invests $3.09 Million in Capital Group Core Equity ETF $CGUS

Independent Financial Group LLC bought a new stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 80,319 shares of the company’s stock, valued at approximately $3,086,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. D.A. Davidson & CO. grew its position in Capital Group Core Equity ETF by 19.1% during the 1st quarter. D.A. Davidson & CO. now owns 559,108 shares of the company’s stock worth $21,481,000 after acquiring an additional 89,831 shares during the last quarter. Bank of New York Mellon Corp raised its position in Capital Group Core Equity ETF by 133.6% in the 1st quarter. Bank of New York Mellon Corp now owns 23,132 shares of the company’s stock valued at $889,000 after purchasing an additional 13,228 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in Capital Group Core Equity ETF by 10.7% in the first quarter. Geneos Wealth Management Inc. now owns 162,379 shares of the company’s stock worth $6,239,000 after purchasing an additional 15,756 shares in the last quarter. Sanctuary Advisors LLC boosted its stake in Capital Group Core Equity ETF by 20.2% in the first quarter. Sanctuary Advisors LLC now owns 139,125 shares of the company’s stock worth $5,345,000 after purchasing an additional 23,366 shares in the last quarter. Finally, Sigma Planning Corp grew its holdings in shares of Capital Group Core Equity ETF by 7.8% during the first quarter. Sigma Planning Corp now owns 38,507 shares of the company’s stock worth $1,479,000 after purchasing an additional 2,780 shares during the last quarter.

Capital Group Core Equity ETF Stock Performance

Shares of NYSEARCA:CGUS opened at $44.00 on Friday. Capital Group Core Equity ETF has a twelve month low of $37.19 and a twelve month high of $44.84. The firm has a market cap of $11.12 billion, a PE ratio of 26.31 and a beta of 0.93. The business has a fifty day moving average of $43.93 and a 200-day moving average of $41.76.

Capital Group Core Equity ETF 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.