Kestra Private Wealth Services LLC Grows Stake in Capital Group Core Equity ETF $CGUS

Kestra Private Wealth Services LLC raised its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 102.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 82,609 shares of the company’s stock after purchasing an additional 41,833 shares during the period. Kestra Private Wealth Services LLC’s holdings in Capital Group Core Equity ETF were worth $3,174,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Capital International Investors increased its position in Capital Group Core Equity ETF by 17,866.5% during the 3rd quarter. Capital International Investors now owns 5,978,364 shares of the company’s stock valued at $236,385,000 after buying an additional 5,945,089 shares in the last quarter. LPL Financial LLC boosted its holdings in Capital Group Core Equity ETF by 19.2% in the fourth quarter. LPL Financial LLC now owns 23,734,177 shares of the company’s stock worth $954,826,000 after acquiring an additional 3,824,999 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in Capital Group Core Equity ETF by 24.0% in the third quarter. Raymond James Financial Inc. now owns 7,028,681 shares of the company’s stock worth $277,914,000 after acquiring an additional 1,360,335 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of Capital Group Core Equity ETF by 32.7% during the fourth quarter. Wells Fargo & Company MN now owns 5,278,226 shares of the company’s stock worth $212,343,000 after acquiring an additional 1,301,252 shares during the last quarter. Finally, Silver Oak Securities Incorporated purchased a new stake in shares of Capital Group Core Equity ETF during the fourth quarter worth about $34,761,000.

Capital Group Core Equity ETF Stock Down 0.4%

CGUS opened at $43.49 on Friday. The company has a market cap of $10.44 billion, a P/E ratio of 26.31 and a beta of 0.94. The firm’s 50-day moving average price is $43.33 and its 200-day moving average price is $41.32. Capital Group Core Equity ETF has a 52-week low of $36.60 and a 52-week high of $44.60.

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.