LPL Financial LLC Raises Stock Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

LPL Financial LLC lifted its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 38.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,225,156 shares of the company’s stock after purchasing an additional 2,556,396 shares during the period. LPL Financial LLC owned 11.17% of Capital Group Core Equity ETF worth $322,604,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in shares of Capital Group Core Equity ETF in the 4th quarter valued at about $169,537,000. Commonwealth Equity Services LLC boosted its stake in Capital Group Core Equity ETF by 17.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 2,748,964 shares of the company’s stock valued at $96,131,000 after acquiring an additional 403,749 shares in the last quarter. Private Advisor Group LLC grew its holdings in Capital Group Core Equity ETF by 136.0% in the fourth quarter. Private Advisor Group LLC now owns 1,986,336 shares of the company’s stock worth $69,462,000 after purchasing an additional 1,144,833 shares during the last quarter. Jones Financial Companies Lllp grew its stake in Capital Group Core Equity ETF by 63.7% during the 4th quarter. Jones Financial Companies Lllp now owns 1,750,757 shares of the company’s stock worth $61,224,000 after buying an additional 681,120 shares during the last quarter. Finally, MML Investors Services LLC grew its stake in Capital Group Core Equity ETF by 9.2% during the 3rd quarter. MML Investors Services LLC now owns 1,684,062 shares of the company’s stock worth $57,730,000 after buying an additional 142,446 shares during the last quarter.

Capital Group Core Equity ETF Stock Performance

Shares of CGUS stock opened at $33.84 on Monday. The firm has a market capitalization of $4.81 billion, a price-to-earnings ratio of 25.69 and a beta of 0.93. Capital Group Core Equity ETF has a fifty-two week low of $29.63 and a fifty-two week high of $36.75. The stock’s 50-day simple moving average is $35.31 and its 200-day simple moving average is $34.98.

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.