Silver Oak Securities Incorporated raised its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS – Free Report) by 9.4% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 939,142 shares of the company’s stock after acquiring an additional 81,057 shares during the period. Capital Group Core Equity ETF accounts for 2.6% of Silver Oak Securities Incorporated’s portfolio, making the stock its 2nd largest position. Silver Oak Securities Incorporated’s holdings in Capital Group Core Equity ETF were worth $36,082,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. LPL Financial LLC increased its position in Capital Group Core Equity ETF by 19.2% in the 4th quarter. LPL Financial LLC now owns 23,734,177 shares of the company’s stock worth $954,826,000 after buying an additional 3,824,999 shares during the period. Raymond James Financial Inc. boosted its position in shares of 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 acquiring an additional 279,570 shares during the period. Morgan Stanley grew its stake in shares of 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 worth $270,165,000 after acquiring an additional 592,642 shares during the last quarter. Capital International Investors grew its stake in shares of Capital Group Core Equity ETF by 1.1% in the fourth quarter. Capital International Investors now owns 6,046,805 shares of the company’s stock worth $243,263,000 after acquiring an additional 68,441 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of Capital Group Core Equity ETF by 7.6% in the fourth quarter. Cetera Investment Advisers now owns 5,940,417 shares of the company’s stock worth $238,983,000 after acquiring an additional 417,787 shares during the last quarter.
Capital Group Core Equity ETF Trading Up 0.2%
Shares of CGUS stock opened at $43.62 on Thursday. The firm has a market capitalization of $10.47 billion, a P/E ratio of 26.31 and a beta of 0.94. Capital Group Core Equity ETF has a 1 year low of $36.25 and a 1 year high of $44.60. The firm’s fifty day simple moving average is $43.25 and its 200 day simple moving average is $41.28.
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.
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