Procyon Advisors LLC Decreases Stock Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Procyon Advisors LLC lowered its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 140,947 shares of the company’s stock after selling 1,914 shares during the period. Procyon Advisors LLC owned approximately 0.34% of Capital Group Core Equity ETF worth $3,989,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its holdings in Capital Group Core Equity ETF by 179.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,627,053 shares of the company’s stock valued at $91,075,000 after purchasing an additional 2,329,057 shares during the period. Capital International Investors purchased a new position in Capital Group Core Equity ETF during the 1st quarter valued at about $24,385,000. Assetmark Inc. purchased a new position in Capital Group Core Equity ETF during the 3rd quarter valued at about $16,968,000. MML Investors Services LLC increased its holdings in Capital Group Core Equity ETF by 227.4% during the 2nd quarter. MML Investors Services LLC now owns 717,596 shares of the company’s stock valued at $18,428,000 after purchasing an additional 498,394 shares during the period. Finally, LPL Financial LLC increased its holdings in Capital Group Core Equity ETF by 22.3% during the 3rd quarter. LPL Financial LLC now owns 2,436,330 shares of the company’s stock valued at $61,176,000 after purchasing an additional 444,540 shares during the period.

Capital Group Core Equity ETF Price Performance

NYSEARCA:CGUS remained flat at $31.15 during mid-day trading on Thursday. The company had a trading volume of 60,586 shares, compared to its average volume of 545,477. Capital Group Core Equity ETF has a 52 week low of $23.25 and a 52 week high of $31.38. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 17.88 and a beta of 0.92. The firm’s 50-day moving average is $29.95 and its 200 day moving average is $27.71.

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.