Sei Investments Co. Acquires 336,992 Shares of Capital Group Core Equity ETF $CGUS

Sei Investments Co. boosted its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 16.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,346,850 shares of the company’s stock after acquiring an additional 336,992 shares during the quarter. Sei Investments Co.’s holdings in Capital Group Core Equity ETF were worth $90,166,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. AQR Capital Management LLC acquired a new stake in shares of Capital Group Core Equity ETF in the first quarter valued at approximately $527,000. Focus Partners Wealth increased its stake in shares of Capital Group Core Equity ETF by 314.0% in the 1st quarter. Focus Partners Wealth now owns 9,484 shares of the company’s stock valued at $317,000 after buying an additional 7,193 shares during the period. Raymond James Financial Inc. increased its stake in shares of Capital Group Core Equity ETF by 8.6% in the 2nd quarter. Raymond James Financial Inc. now owns 5,668,346 shares of the company’s stock valued at $209,332,000 after buying an additional 450,094 shares during the period. Jane Street Group LLC raised its position in shares of Capital Group Core Equity ETF by 11.6% during the second quarter. Jane Street Group LLC now owns 160,000 shares of the company’s stock worth $5,909,000 after acquiring an additional 16,646 shares during the last quarter. Finally, Challenger Wealth Management lifted its stake in shares of Capital Group Core Equity ETF by 7.8% during the second quarter. Challenger Wealth Management now owns 272,601 shares of the company’s stock valued at $10,067,000 after acquiring an additional 19,741 shares during the period.

Capital Group Core Equity ETF Stock Down 0.1%

Shares of CGUS opened at $43.86 on Friday. The stock’s fifty day simple moving average is $43.99 and its 200-day simple moving average is $41.88. The firm has a market capitalization of $11.15 billion, a PE ratio of 26.31 and a beta of 0.93. Capital Group Core Equity ETF has a 12-month low of $37.19 and a 12-month high of $44.84.

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.