Steelhead Wealth Management LLC Takes $1.95 Million Position in Capital Group Core Equity ETF $CGUS

Steelhead Wealth Management LLC acquired a new position in Capital Group Core Equity ETF (NYSEARCA:CGUS) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 50,687 shares of the company’s stock, valued at approximately $1,947,000. Capital Group Core Equity ETF accounts for 1.0% of Steelhead Wealth Management LLC’s holdings, making the stock its 29th largest position.

A number of other hedge funds and other institutional investors also recently modified their holdings of CGUS. LPL Financial LLC grew its position in Capital Group Core Equity ETF by 19.2% during the 4th quarter. LPL Financial LLC now owns 23,734,177 shares of the company’s stock worth $954,826,000 after acquiring an additional 3,824,999 shares during the last quarter. Raymond James Financial Inc. lifted its position in Capital Group Core Equity ETF by 4.0% in the fourth quarter. Raymond James Financial Inc. now owns 7,308,251 shares of the company’s stock valued at $294,011,000 after purchasing an additional 279,570 shares during the last quarter. Morgan Stanley lifted its position in Capital Group Core Equity ETF by 9.7% in the fourth quarter. Morgan Stanley now owns 6,715,499 shares of the company’s stock valued at $270,165,000 after purchasing an additional 592,642 shares during the last quarter. Cetera Investment Advisers lifted its position in Capital Group Core Equity ETF by 6.3% in the first quarter. Cetera Investment Advisers now owns 6,314,257 shares of the company’s stock valued at $242,594,000 after purchasing an additional 373,840 shares during the last quarter. Finally, Capital International Investors boosted its stake in shares of Capital Group Core Equity ETF by 1.1% during the fourth quarter. Capital International Investors now owns 6,046,805 shares of the company’s stock valued at $243,263,000 after purchasing an additional 68,441 shares during the period.

Capital Group Core Equity ETF Stock Performance

NYSEARCA:CGUS opened at $44.69 on Monday. Capital Group Core Equity ETF has a fifty-two week low of $37.19 and a fifty-two week high of $44.84. The firm has a market cap of $11.44 billion, a PE ratio of 26.31 and a beta of 0.93. The business has a 50 day moving average price of $44.05 and a 200-day moving average price of $42.00.

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.