Envestnet Portfolio Solutions Inc. Boosts Holdings in Capital Group Core Equity ETF $CGUS

Envestnet Portfolio Solutions Inc. increased its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 16.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 216,059 shares of the company’s stock after acquiring an additional 29,735 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Capital Group Core Equity ETF were worth $8,692,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in CGUS. Capital International Investors increased its position in Capital Group Core Equity ETF by 17,866.5% in the third quarter. Capital International Investors now owns 5,978,364 shares of the company’s stock worth $236,385,000 after purchasing an additional 5,945,089 shares during the last quarter. Raymond James Financial Inc. grew its holdings in Capital Group Core Equity ETF by 24.0% during the 3rd 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. Jones Financial Companies Lllp lifted its position in shares of Capital Group Core Equity ETF by 24.8% during the third quarter. Jones Financial Companies Lllp now owns 4,799,841 shares of the company’s stock valued at $188,737,000 after buying an additional 954,616 shares during the last quarter. Silver Oak Securities Incorporated purchased a new stake in shares of Capital Group Core Equity ETF during the fourth quarter valued at about $34,761,000. Finally, Envestnet Asset Management Inc. raised its position in shares of Capital Group Core Equity ETF by 7.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 11,137,498 shares of the company’s stock valued at $440,377,000 after purchasing an additional 810,149 shares during the last quarter.

Capital Group Core Equity ETF Stock Up 0.9%

Shares of Capital Group Core Equity ETF stock opened at $43.40 on Thursday. Capital Group Core Equity ETF has a 52 week low of $34.15 and a 52 week high of $44.05. The company has a 50 day moving average price of $40.90 and a 200 day moving average price of $40.58. The firm has a market capitalization of $10.42 billion, a P/E ratio of 26.31 and a beta of 0.94.

Capital Group Core Equity ETF 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.