Guided Capital Wealth Management LLC Takes Position in Capital Group Core Equity ETF $CGUS

Guided Capital Wealth Management LLC bought a new stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 243,980 shares of the company’s stock, valued at approximately $9,815,000. Capital Group Core Equity ETF makes up 6.9% of Guided Capital Wealth Management LLC’s holdings, making the stock its 3rd biggest position. Guided Capital Wealth Management LLC owned about 0.12% of Capital Group Core Equity ETF as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Pinnacle Bancorp Inc. raised its position in Capital Group Core Equity ETF by 234.4% during the third quarter. Pinnacle Bancorp Inc. now owns 642 shares of the company’s stock worth $25,000 after acquiring an additional 450 shares in the last quarter. CoreCap Advisors LLC grew its position in shares of 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 acquiring an additional 320 shares during the period. Huntington National Bank bought a new position in shares of Capital Group Core Equity ETF in the 3rd quarter valued at about $50,000. Hazlett Burt & Watson Inc. increased its stake in shares of Capital Group Core Equity ETF by 28.5% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 1,285 shares of the company’s stock worth $51,000 after purchasing an additional 285 shares during the last quarter. Finally, Financial Perspectives Inc increased its stake in shares of Capital Group Core Equity ETF by 43.3% during the 3rd quarter. Financial Perspectives Inc now owns 2,209 shares of the company’s stock worth $87,000 after purchasing an additional 668 shares during the last quarter.

Capital Group Core Equity ETF Stock Performance

Shares of CGUS stock opened at $38.42 on Wednesday. Capital Group Core Equity ETF has a 52-week low of $28.95 and a 52-week high of $41.38. The stock has a market cap of $8.24 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92. The firm’s 50-day moving average is $40.14 and its 200-day moving average is $40.06.

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.