Envestnet Asset Management Inc. Raises Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Envestnet Asset Management Inc. increased its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 28.6% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,892,224 shares of the company’s stock after buying an additional 1,311,729 shares during the period. Envestnet Asset Management Inc. owned 7.13% of Capital Group Core Equity ETF worth $190,024,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. LPL Financial LLC raised its position in Capital Group Core Equity ETF by 21.9% during the second quarter. LPL Financial LLC now owns 4,913,710 shares of the company’s stock valued at $158,467,000 after purchasing an additional 883,726 shares in the last quarter. Capital Group Private Client Services Inc. increased its holdings in shares of Capital Group Core Equity ETF by 3.2% in the first quarter. Capital Group Private Client Services Inc. now owns 3,316,695 shares of the company’s stock worth $103,348,000 after buying an additional 103,049 shares during the period. Raymond James & Associates increased its holdings in shares of Capital Group Core Equity ETF by 43.5% in the second quarter. Raymond James & Associates now owns 2,210,484 shares of the company’s stock worth $71,288,000 after buying an additional 670,052 shares during the period. Cetera Investment Advisers grew its stake in shares of Capital Group Core Equity ETF by 196.8% in the first quarter. Cetera Investment Advisers now owns 2,183,823 shares of the company’s stock worth $68,048,000 after purchasing an additional 1,448,154 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in shares of Capital Group Core Equity ETF by 4.6% in the second quarter. Commonwealth Equity Services LLC now owns 2,072,246 shares of the company’s stock worth $66,830,000 after purchasing an additional 91,644 shares during the last quarter.

Capital Group Core Equity ETF Price Performance

NYSEARCA CGUS opened at $33.60 on Monday. The stock has a market capitalization of $2.78 billion, a PE ratio of 26.52 and a beta of 0.96. Capital Group Core Equity ETF has a 1 year low of $24.19 and a 1 year high of $33.72. The business’s 50-day moving average is $32.86 and its 200 day moving average is $31.79.

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.