Royal Bank of Canada Buys 251,825 Shares of Capital Group Core Equity ETF $CGUS

Royal Bank of Canada increased its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 11.2% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 2,510,189 shares of the company’s stock after buying an additional 251,825 shares during the period. Royal Bank of Canada owned 1.05% of Capital Group Core Equity ETF worth $96,442,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ascent Group LLC lifted its position in Capital Group Core Equity ETF by 1.7% during the fourth quarter. Ascent Group LLC now owns 15,110 shares of the company’s stock worth $608,000 after acquiring an additional 256 shares during the last quarter. Cim LLC lifted its holdings in Capital Group Core Equity ETF by 2.3% during the 3rd quarter. Cim LLC now owns 11,444 shares of the company’s stock worth $452,000 after purchasing an additional 262 shares during the last quarter. Arax Advisory Partners boosted its stake in Capital Group Core Equity ETF by 5.0% in the 4th quarter. Arax Advisory Partners now owns 5,919 shares of the company’s stock valued at $238,000 after purchasing an additional 283 shares during the period. CoreCap Advisors LLC boosted its stake in Capital Group Core Equity ETF by 41.0% in the 4th quarter. CoreCap Advisors LLC now owns 1,101 shares of the company’s stock valued at $44,000 after purchasing an additional 320 shares during the period. Finally, Mascagni Wealth Management Inc. boosted its stake in Capital Group Core Equity ETF by 4.4% in the 4th quarter. Mascagni Wealth Management Inc. now owns 7,618 shares of the company’s stock valued at $306,000 after purchasing an additional 320 shares during the period.

Capital Group Core Equity ETF Price Performance

Shares of NYSEARCA CGUS opened at $44.69 on Friday. The firm has a market cap of $11.42 billion, a price-to-earnings ratio of 26.31 and a beta of 0.93. The stock’s fifty day moving average price is $44.05 and its two-hundred day moving average price is $41.99. Capital Group Core Equity ETF has a one year low of $37.19 and a one year high of $44.84.

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.