PFG Advisors Grows Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

PFG Advisors increased its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 32.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 79,139 shares of the company’s stock after acquiring an additional 19,526 shares during the quarter. PFG Advisors owned approximately 0.10% of Capital Group Core Equity ETF worth $2,713,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Comerica Bank lifted its stake in Capital Group Core Equity ETF by 83.3% in the first quarter. Comerica Bank now owns 1,100 shares of the company’s stock worth $34,000 after acquiring an additional 500 shares during the period. Clear Investment Research LLC purchased a new stake in shares of Capital Group Core Equity ETF during the first quarter valued at about $55,000. Mather Group LLC. purchased a new stake in shares of Capital Group Core Equity ETF during the first quarter valued at about $81,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Capital Group Core Equity ETF during the second quarter valued at about $89,000. Finally, Crewe Advisors LLC purchased a new stake in shares of Capital Group Core Equity ETF during the first quarter valued at about $118,000.

Capital Group Core Equity ETF Stock Performance

CGUS stock opened at $34.73 on Thursday. The firm has a market cap of $2.87 billion, a price-to-earnings ratio of 26.52 and a beta of 0.96. The firm has a 50-day simple moving average of $33.60 and a two-hundred day simple moving average of $32.34. Capital Group Core Equity ETF has a one year low of $24.19 and a one year high of $34.92.

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.