Meridian Wealth Management LLC Increases Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Meridian Wealth Management LLC grew its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 1.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 35,099 shares of the company’s stock after buying an additional 429 shares during the quarter. Meridian Wealth Management LLC’s holdings in Capital Group Core Equity ETF were worth $1,203,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of CGUS. Smith Thornton Advisors LLC purchased a new stake in Capital Group Core Equity ETF in the 2nd quarter valued at about $375,000. Raymond James Trust N.A. boosted its holdings in shares of Capital Group Core Equity ETF by 8.6% in the second quarter. Raymond James Trust N.A. now owns 20,412 shares of the company’s stock valued at $658,000 after purchasing an additional 1,609 shares during the period. Nations Financial Group Inc. IA ADV grew its stake in Capital Group Core Equity ETF by 14.4% in the second quarter. Nations Financial Group Inc. IA ADV now owns 27,872 shares of the company’s stock worth $899,000 after purchasing an additional 3,500 shares in the last quarter. Sei Investments Co. purchased a new position in Capital Group Core Equity ETF during the 2nd quarter worth $24,364,000. Finally, Kingswood Wealth Advisors LLC bought a new stake in Capital Group Core Equity ETF during the 2nd quarter valued at $270,000.

Capital Group Core Equity ETF Trading Up 0.2 %

Shares of CGUS stock opened at $35.05 on Friday. Capital Group Core Equity ETF has a twelve month low of $26.75 and a twelve month high of $35.74. The stock has a fifty day simple moving average of $34.56 and a two-hundred day simple moving average of $33.15. The stock has a market capitalization of $2.90 billion, a price-to-earnings 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.