Transcendent Capital Group LLC Boosts Holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Transcendent Capital Group LLC raised its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 6.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 129,175 shares of the company’s stock after acquiring an additional 7,522 shares during the period. Capital Group Core Equity ETF comprises about 2.4% of Transcendent Capital Group LLC’s portfolio, making the stock its 11th biggest holding. Transcendent Capital Group LLC’s holdings in Capital Group Core Equity ETF were worth $4,517,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Beacon Financial Group increased its stake in shares of Capital Group Core Equity ETF by 2.7% in the 4th quarter. Beacon Financial Group now owns 12,187 shares of the company’s stock worth $426,000 after purchasing an additional 319 shares in the last quarter. Hobart Private Capital LLC lifted its position in Capital Group Core Equity ETF by 2.7% during the fourth quarter. Hobart Private Capital LLC now owns 12,353 shares of the company’s stock valued at $432,000 after purchasing an additional 325 shares in the last quarter. Sanctuary Advisors LLC grew its holdings in Capital Group Core Equity ETF by 1.7% during the fourth quarter. Sanctuary Advisors LLC now owns 20,697 shares of the company’s stock valued at $753,000 after purchasing an additional 349 shares during the period. Kingswood Wealth Advisors LLC increased its position in Capital Group Core Equity ETF by 0.6% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 63,466 shares of the company’s stock worth $2,219,000 after buying an additional 376 shares in the last quarter. Finally, Delta Financial Group Inc. raised its stake in shares of Capital Group Core Equity ETF by 2.4% in the fourth quarter. Delta Financial Group Inc. now owns 16,368 shares of the company’s stock worth $572,000 after buying an additional 385 shares during the period.

Capital Group Core Equity ETF Trading Down 0.6 %

Shares of NYSEARCA:CGUS opened at $35.30 on Tuesday. Capital Group Core Equity ETF has a 12-month low of $29.63 and a 12-month high of $36.75. The company has a market cap of $2.92 billion, a PE ratio of 26.52 and a beta of 0.96. The stock has a 50 day moving average of $35.73 and a 200 day moving average of $34.84.

About Capital Group Core Equity ETF

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.