Capital Group Core Equity ETF (NYSEARCA:CGUS) Stake Lowered by Procyon Advisors LLC

Procyon Advisors LLC decreased its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 8.1% during the 4th quarter, HoldingsChannel reports. The firm owned 17,561 shares of the company’s stock after selling 1,550 shares during the period. Procyon Advisors LLC’s holdings in Capital Group Core Equity ETF were worth $614,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CGUS. Atria Investments Inc bought a new position in Capital Group Core Equity ETF in the 3rd quarter worth about $204,000. Smith Thornton Advisors LLC acquired a new position in shares of Capital Group Core Equity ETF during the second quarter worth approximately $375,000. Natixis Advisors LLC grew its holdings in Capital Group Core Equity ETF by 34.9% in the 3rd quarter. Natixis Advisors LLC now owns 66,251 shares of the company’s stock worth $2,271,000 after buying an additional 17,133 shares in the last quarter. Sei Investments Co. acquired a new stake in Capital Group Core Equity ETF in the 2nd quarter valued at approximately $24,364,000. Finally, Sunbelt Securities Inc. raised its stake in Capital Group Core Equity ETF by 23.3% during the 2nd quarter. Sunbelt Securities Inc. now owns 299,002 shares of the company’s stock valued at $9,643,000 after acquiring an additional 56,477 shares in the last quarter.

Capital Group Core Equity ETF Stock Performance

NYSEARCA:CGUS opened at $35.51 on Friday. The stock has a market cap of $2.93 billion, a price-to-earnings ratio of 26.52 and a beta of 0.96. Capital Group Core Equity ETF has a 1 year low of $28.09 and a 1 year high of $36.32. The business has a fifty day moving average of $35.37 and a 200-day moving average of $34.17.

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.