KMG Fiduciary Partners LLC Purchases New Shares in Capital Group Core Equity ETF (NYSEARCA:CGUS)

KMG Fiduciary Partners LLC acquired a new stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) in the third quarter, HoldingsChannel reports. The institutional investor acquired 50,740 shares of the company’s stock, valued at approximately $1,739,000.

Several other large investors also recently modified their holdings of CGUS. Envestnet Asset Management Inc. increased its stake in shares of Capital Group Core Equity ETF by 28.6% in the second quarter. Envestnet Asset Management Inc. now owns 5,892,224 shares of the company’s stock worth $190,024,000 after buying an additional 1,311,729 shares during the last quarter. LPL Financial LLC lifted its position in shares of 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 worth $158,467,000 after purchasing an additional 883,726 shares during the last quarter. Capital Group Private Client Services Inc. grew its stake in 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 purchasing an additional 103,049 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Capital Group Core Equity ETF by 12.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,474,494 shares of the company’s stock valued at $79,803,000 after buying an additional 270,168 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in Capital Group Core Equity ETF by 7.1% during the second quarter. Cetera Investment Advisers now owns 2,339,083 shares of the company’s stock valued at $75,435,000 after buying an additional 155,260 shares in the last quarter.

Capital Group Core Equity ETF Trading Up 0.2 %

Shares of CGUS opened at $34.86 on Friday. Capital Group Core Equity ETF has a 52 week low of $24.19 and a 52 week high of $35.01. The firm has a market cap of $2.88 billion, a price-to-earnings ratio of 26.52 and a beta of 0.96. The stock has a 50 day moving average of $33.71 and a 200-day moving average of $32.39.

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.