HFG Advisors Inc. Purchases New Stake in Capital Group Core Equity ETF (NYSEARCA:CGUS)

HFG Advisors Inc. purchased a new stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 11,225 shares of the company’s stock, valued at approximately $350,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CGUS. Stifel Financial Corp increased its holdings in shares of Capital Group Core Equity ETF by 6.6% in the third quarter. Stifel Financial Corp now owns 377,063 shares of the company’s stock valued at $9,468,000 after purchasing an additional 23,434 shares during the last quarter. Mutual Advisors LLC acquired a new stake in shares of Capital Group Core Equity ETF in the third quarter valued at approximately $343,000. Jones Financial Companies Lllp acquired a new stake in Capital Group Core Equity ETF during the third quarter worth $622,000. KPP Advisory Services LLC acquired a new stake in Capital Group Core Equity ETF during the third quarter worth $844,000. Finally, Essex Financial Services Inc. increased its stake in Capital Group Core Equity ETF by 27.1% during the third quarter. Essex Financial Services Inc. now owns 85,327 shares of the company’s stock worth $2,143,000 after acquiring an additional 18,209 shares during the last quarter.

Capital Group Core Equity ETF Price Performance

CGUS stock remained flat at $32.25 during midday trading on Monday. The company’s stock had a trading volume of 456,195 shares, compared to its average volume of 568,741. The company’s fifty day simple moving average is $31.43 and its 200-day simple moving average is $30.25. The stock has a market capitalization of $2.66 billion, a PE ratio of 26.52 and a beta of 0.96. Capital Group Core Equity ETF has a one year low of $24.19 and a one year high of $32.57.

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.