Concurrent Investment Advisors LLC Has $1.33 Million Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Concurrent Investment Advisors LLC boosted its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 19.3% in the fourth quarter, Holdings Channel reports. The firm owned 38,146 shares of the company’s stock after purchasing an additional 6,175 shares during the period. Concurrent Investment Advisors LLC’s holdings in Capital Group Core Equity ETF were worth $1,334,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Stonebridge Financial Group LLC acquired a new position in Capital Group Core Equity ETF during the fourth quarter valued at approximately $41,000. Geneos Wealth Management Inc. grew its holdings in Capital Group Core Equity ETF by 111.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 2,173 shares of the company’s stock valued at $76,000 after purchasing an additional 1,143 shares during the period. JPMorgan Chase & Co. grew its holdings in Capital Group Core Equity ETF by 944.1% during the third quarter. JPMorgan Chase & Co. now owns 2,934 shares of the company’s stock valued at $101,000 after purchasing an additional 2,653 shares during the period. ORG Partners LLC bought a new position in Capital Group Core Equity ETF in the fourth quarter valued at approximately $105,000. Finally, Private Client Services LLC bought a new position in Capital Group Core Equity ETF in the fourth quarter valued at approximately $200,000.

Capital Group Core Equity ETF Stock Performance

Shares of CGUS opened at $35.51 on Friday. Capital Group Core Equity ETF has a twelve month low of $29.63 and a twelve month high of $36.75. The firm’s 50 day moving average price is $35.75 and its two-hundred day moving average price is $34.79. The firm has a market cap of $2.93 billion, a P/E ratio of 26.52 and a beta of 0.96.

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.