Kingswood Wealth Advisors LLC Increases Stock Holdings in Capital Group Core Equity ETF $CGUS

Kingswood Wealth Advisors LLC grew its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 349.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 283,081 shares of the company’s stock after purchasing an additional 220,068 shares during the quarter. Kingswood Wealth Advisors LLC owned approximately 0.13% of Capital Group Core Equity ETF worth $11,388,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of CGUS. Capital International Investors grew its position in shares of Capital Group Core Equity ETF by 17,866.5% in the 3rd quarter. Capital International Investors now owns 5,978,364 shares of the company’s stock valued at $236,385,000 after buying an additional 5,945,089 shares during the last quarter. Merit Financial Group LLC lifted its position in Capital Group Core Equity ETF by 1,624.4% in the third quarter. Merit Financial Group LLC now owns 2,107,661 shares of the company’s stock valued at $83,337,000 after acquiring an additional 1,985,435 shares during the last quarter. Raymond James Financial Inc. lifted its position in Capital Group Core Equity ETF by 24.0% in the third quarter. Raymond James Financial Inc. now owns 7,028,681 shares of the company’s stock valued at $277,914,000 after acquiring an additional 1,360,335 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in Capital Group Core Equity ETF by 24.8% in the third quarter. Jones Financial Companies Lllp now owns 4,799,841 shares of the company’s stock valued at $188,737,000 after acquiring an additional 954,616 shares in the last quarter. Finally, Silver Oak Securities Incorporated acquired a new position in Capital Group Core Equity ETF in the fourth quarter valued at $34,761,000.

Capital Group Core Equity ETF Stock Performance

CGUS opened at $41.77 on Wednesday. The business’s 50-day simple moving average is $40.02 and its 200-day simple moving average is $40.16. Capital Group Core Equity ETF has a one year low of $30.90 and a one year high of $42.23. The stock has a market capitalization of $9.92 billion, a P/E ratio of 26.31 and a beta of 0.93.

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.