Pines Wealth Management LLC Invests $1.78 Million in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Pines Wealth Management LLC purchased a new stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 51,444 shares of the company’s stock, valued at approximately $1,783,000.

Several other hedge funds have also added to or reduced their stakes in CGUS. JPMorgan Chase & Co. grew its holdings in 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 acquiring an additional 2,653 shares during the period. ORG Partners LLC acquired a new stake in shares of Capital Group Core Equity ETF during the fourth quarter worth $105,000. Private Client Services LLC acquired a new stake in shares of Capital Group Core Equity ETF during the fourth quarter worth $200,000. Atria Investments Inc bought a new stake in Capital Group Core Equity ETF in the third quarter valued at about $204,000. Finally, Hilltop Holdings Inc. acquired a new position in Capital Group Core Equity ETF in the third quarter valued at about $206,000.

Capital Group Core Equity ETF Trading Up 0.1 %

Shares of CGUS opened at $34.80 on Wednesday. The stock has a market cap of $2.87 billion, a P/E ratio of 26.52 and a beta of 0.96. Capital Group Core Equity ETF has a 1 year low of $27.94 and a 1 year high of $36.32. The stock’s 50-day moving average price is $35.37 and its two-hundred day moving average price is $34.10.

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.