Valmark Advisers Inc. Increases Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Valmark Advisers Inc. increased its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 826.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 153,193 shares of the company’s stock after acquiring an additional 136,659 shares during the period. Valmark Advisers Inc. owned about 0.37% of Capital Group Core Equity ETF worth $4,335,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tennessee Valley Asset Management Partners purchased a new position in Capital Group Core Equity ETF in the fourth quarter worth $32,000. Winch Advisory Services LLC grew its position in Capital Group Core Equity ETF by 174.0% in the fourth quarter. Winch Advisory Services LLC now owns 1,178 shares of the company’s stock worth $33,000 after acquiring an additional 748 shares in the last quarter. Northwest Capital Management Inc purchased a new position in Capital Group Core Equity ETF in the fourth quarter worth $89,000. Private Trust Co. NA grew its position in Capital Group Core Equity ETF by 15.4% in the third quarter. Private Trust Co. NA now owns 4,617 shares of the company’s stock worth $116,000 after acquiring an additional 617 shares in the last quarter. Finally, First Horizon Advisors Inc. purchased a new position in Capital Group Core Equity ETF in the third quarter worth $172,000.

Capital Group Core Equity ETF Stock Up 1.1 %

NYSEARCA:CGUS traded up $0.32 during midday trading on Friday, hitting $30.55. The company had a trading volume of 428,781 shares, compared to its average volume of 558,900. Capital Group Core Equity ETF has a 52-week low of $23.61 and a 52-week high of $31.38. The stock’s fifty day moving average price is $30.57 and its 200-day moving average price is $28.50. The company has a market capitalization of $2.48 billion, a PE ratio of 26.14 and a beta of 0.95.

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.