Platt Wealth Management LLC Invests $675,000 in Capital Group Core Equity ETF $CGUS

Platt Wealth Management LLC purchased a new position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 16,783 shares of the company’s stock, valued at approximately $675,000. Capital Group Core Equity ETF makes up about 0.7% of Platt Wealth Management LLC’s holdings, making the stock its 24th biggest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. AQR Capital Management LLC acquired a new stake in shares of Capital Group Core Equity ETF in the first quarter worth approximately $527,000. Focus Partners Wealth boosted its position in shares of Capital Group Core Equity ETF by 314.0% in the first quarter. Focus Partners Wealth now owns 9,484 shares of the company’s stock worth $317,000 after acquiring an additional 7,193 shares during the last quarter. Sei Investments Co. boosted its position in shares of Capital Group Core Equity ETF by 33.8% in the second quarter. Sei Investments Co. now owns 1,338,685 shares of the company’s stock worth $49,438,000 after acquiring an additional 338,456 shares during the last quarter. Raymond James Financial Inc. boosted its position in shares of Capital Group Core Equity ETF by 8.6% in the second quarter. Raymond James Financial Inc. now owns 5,668,346 shares of the company’s stock worth $209,332,000 after acquiring an additional 450,094 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in shares of Capital Group Core Equity ETF by 11.6% in the second quarter. Jane Street Group LLC now owns 160,000 shares of the company’s stock worth $5,909,000 after acquiring an additional 16,646 shares during the last quarter.

Capital Group Core Equity ETF Trading Up 0.2%

CGUS stock opened at $43.70 on Friday. The stock has a 50-day moving average price of $41.04 and a two-hundred day moving average price of $40.62. Capital Group Core Equity ETF has a 12-month low of $34.15 and a 12-month high of $44.05. The company has a market cap of $10.49 billion, a PE ratio of 26.31 and a beta of 0.94.

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.