Envestnet Portfolio Solutions Inc. Buys 36,363 Shares of Capital Group Core Equity ETF (NYSEARCA:CGUS)

Envestnet Portfolio Solutions Inc. lifted its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 10.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 391,514 shares of the company’s stock after acquiring an additional 36,363 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Capital Group Core Equity ETF were worth $13,691,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in CGUS. Stonebridge Financial Group LLC acquired a new position in shares of Capital Group Core Equity ETF in the fourth quarter valued at $41,000. Synergy Investment Management LLC bought a new position in shares of Capital Group Core Equity ETF during the 4th quarter worth about $50,000. Geneos Wealth Management Inc. boosted its position in shares of Capital Group Core Equity ETF by 111.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 2,173 shares of the company’s stock valued at $76,000 after acquiring an additional 1,143 shares in the last quarter. Larson Financial Group LLC increased its stake in Capital Group Core Equity ETF by 21.1% in the fourth quarter. Larson Financial Group LLC now owns 2,465 shares of the company’s stock valued at $86,000 after acquiring an additional 430 shares during the period. Finally, JPMorgan Chase & Co. raised its position in Capital Group Core Equity ETF by 944.1% in the third quarter. JPMorgan Chase & Co. now owns 2,934 shares of the company’s stock worth $101,000 after purchasing an additional 2,653 shares in the last quarter.

Capital Group Core Equity ETF Trading Up 1.7 %

NYSEARCA CGUS opened at $33.63 on Monday. Capital Group Core Equity ETF has a 1-year low of $29.63 and a 1-year high of $36.75. The company has a market capitalization of $4.70 billion, a price-to-earnings ratio of 26.66 and a beta of 0.93. The stock’s 50 day moving average is $35.44 and its two-hundred day moving average is $34.96.

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.