Raymond James & Associates Acquires 488,439 Shares of Capital Group Core Equity ETF (NYSEARCA:CGUS)

Raymond James & Associates lifted its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 46.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,540,432 shares of the company’s stock after acquiring an additional 488,439 shares during the period. Raymond James & Associates’ holdings in Capital Group Core Equity ETF were worth $48,000,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Tennessee Valley Asset Management Partners bought a new position in shares of Capital Group Core Equity ETF during the 4th quarter worth about $32,000. Winch Advisory Services LLC increased its stake in Capital Group Core Equity ETF by 174.0% during the fourth quarter. Winch Advisory Services LLC now owns 1,178 shares of the company’s stock valued at $33,000 after acquiring an additional 748 shares during the period. Mather Group LLC. acquired a new position in Capital Group Core Equity ETF in the 1st quarter valued at approximately $81,000. Northwest Capital Management Inc bought a new stake in shares of Capital Group Core Equity ETF in the 4th quarter worth approximately $89,000. Finally, First Horizon Advisors Inc. acquired a new stake in shares of Capital Group Core Equity ETF during the 3rd quarter worth approximately $172,000.

Capital Group Core Equity ETF Price Performance

Shares of CGUS traded up $0.32 on Friday, reaching $30.49. 641,391 shares of the stock traded hands, compared to its average volume of 566,688. The stock’s 50-day moving average price is $30.60 and its 200-day moving average price is $28.64. The firm has a market cap of $2.52 billion, a price-to-earnings ratio of 26.52 and a beta of 0.96. Capital Group Core Equity ETF has a 12 month low of $23.61 and a 12 month high of $31.38.

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.