Kestra Advisory Services LLC Sells 96,245 Shares of Capital Group Core Equity ETF (NYSEARCA:CGUS)

Kestra Advisory Services LLC reduced its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 9.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 963,876 shares of the company’s stock after selling 96,245 shares during the period. Kestra Advisory Services LLC’s holdings in Capital Group Core Equity ETF were worth $33,707,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in CGUS. Raymond James Financial Inc. bought a new position in shares of Capital Group Core Equity ETF in the 4th quarter worth $169,537,000. LPL Financial LLC boosted its position in shares of Capital Group Core Equity ETF by 35.7% in the 3rd quarter. LPL Financial LLC now owns 6,668,760 shares of the company’s stock worth $228,605,000 after purchasing an additional 1,755,050 shares during the last quarter. Private Advisor Group LLC boosted its position in shares of Capital Group Core Equity ETF by 136.0% in the 4th quarter. Private Advisor Group LLC now owns 1,986,336 shares of the company’s stock worth $69,462,000 after purchasing an additional 1,144,833 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of Capital Group Core Equity ETF by 63.7% in the 4th quarter. Jones Financial Companies Lllp now owns 1,750,757 shares of the company’s stock worth $61,224,000 after purchasing an additional 681,120 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in shares of Capital Group Core Equity ETF by 17.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 2,748,964 shares of the company’s stock worth $96,131,000 after purchasing an additional 403,749 shares during the last quarter.

Capital Group Core Equity ETF Stock Up 1.7 %

NYSEARCA:CGUS opened at $33.63 on Friday. Capital Group Core Equity ETF has a 12-month low of $29.63 and a 12-month high of $36.75. The firm has a market capitalization of $4.70 billion, a P/E ratio of 26.66 and a beta of 0.93. The stock’s fifty day simple moving average is $35.47 and its 200-day simple moving average is $34.94.

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.