Seamount Financial Group Inc. Grows Stock Holdings in Capital Group Core Equity ETF $CGUS

Seamount Financial Group Inc. boosted its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 12.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 107,304 shares of the company’s stock after buying an additional 11,936 shares during the period. Capital Group Core Equity ETF makes up about 1.9% of Seamount Financial Group Inc.’s investment portfolio, making the stock its 13th largest holding. Seamount Financial Group Inc.’s holdings in Capital Group Core Equity ETF were worth $4,123,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently modified their holdings of CGUS. WealthCare Investment Partners LLC raised its stake in shares of Capital Group Core Equity ETF by 0.6% in the fourth quarter. WealthCare Investment Partners LLC now owns 42,338 shares of the company’s stock worth $1,709,000 after purchasing an additional 250 shares during the last quarter. Ascent Group LLC boosted its position in shares of 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 valued at $608,000 after buying an additional 256 shares during the last quarter. Cim LLC increased its holdings in Capital Group Core Equity ETF by 2.3% in the 3rd quarter. Cim LLC now owns 11,444 shares of the company’s stock worth $452,000 after buying an additional 262 shares in the last quarter. Arax Advisory Partners raised its holdings in shares of Capital Group Core Equity ETF by 5.0% during the fourth 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 last quarter. Finally, CoreCap Advisors LLC boosted its holdings in Capital Group Core Equity ETF by 41.0% in the fourth quarter. CoreCap Advisors LLC now owns 1,101 shares of the company’s stock worth $44,000 after purchasing an additional 320 shares during the last quarter.

Capital Group Core Equity ETF Stock Performance

CGUS stock opened at $44.16 on Friday. The company has a market cap of $11.10 billion, a price-to-earnings ratio of 26.31 and a beta of 0.93. The business’s 50-day moving average is $43.53 and its two-hundred day moving average is $41.44. Capital Group Core Equity ETF has a fifty-two week low of $37.03 and a fifty-two week high of $44.62.

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.