Confluence Wealth Services Inc. Purchases 6,299 Shares of Capital Group Core Equity ETF (NYSEARCA:CGUS)

Confluence Wealth Services Inc. lifted its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 63.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 16,244 shares of the company’s stock after acquiring an additional 6,299 shares during the period. Confluence Wealth Services Inc.’s holdings in Capital Group Core Equity ETF were worth $589,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Truist Financial Corp raised its stake in Capital Group Core Equity ETF by 13.9% in the 2nd quarter. Truist Financial Corp now owns 104,259 shares of the company’s stock worth $3,362,000 after purchasing an additional 12,739 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Capital Group Core Equity ETF during the second quarter worth approximately $382,000. Dynamic Advisor Solutions LLC increased its holdings in shares of Capital Group Core Equity ETF by 6.2% during the third quarter. Dynamic Advisor Solutions LLC now owns 196,821 shares of the company’s stock worth $6,747,000 after purchasing an additional 11,460 shares during the period. Daymark Wealth Partners LLC acquired a new stake in shares of Capital Group Core Equity ETF in the third quarter valued at approximately $269,000. Finally, LongView Wealth Management boosted its stake in shares of Capital Group Core Equity ETF by 84.4% in the third quarter. LongView Wealth Management now owns 37,735 shares of the company’s stock valued at $1,294,000 after buying an additional 17,267 shares during the period.

Capital Group Core Equity ETF Price Performance

Shares of NYSEARCA:CGUS opened at $36.50 on Thursday. The business’s 50 day simple moving average is $35.63 and its 200 day simple moving average is $34.47. Capital Group Core Equity ETF has a 1 year low of $29.14 and a 1 year high of $36.75. The company has a market capitalization of $3.01 billion, a P/E ratio of 26.52 and a beta of 0.96.

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.