Gateway Wealth Partners LLC Boosts Stake in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Gateway Wealth Partners LLC lifted its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 44.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 20,637 shares of the company’s stock after purchasing an additional 6,341 shares during the quarter. Gateway Wealth Partners LLC’s holdings in Capital Group Core Equity ETF were worth $722,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of CGUS. Mayflower Financial Advisors LLC boosted its position in Capital Group Core Equity ETF by 17.4% during the fourth quarter. Mayflower Financial Advisors LLC now owns 41,455 shares of the company’s stock worth $1,450,000 after purchasing an additional 6,143 shares in the last quarter. Investment Planning Advisors Inc. boosted its position in Capital Group Core Equity ETF by 110.7% during the fourth quarter. Investment Planning Advisors Inc. now owns 519,639 shares of the company’s stock worth $18,172,000 after purchasing an additional 273,013 shares in the last quarter. Perigon Wealth Management LLC purchased a new stake in Capital Group Core Equity ETF during the fourth quarter worth $291,000. Kingswood Wealth Advisors LLC boosted its position in Capital Group Core Equity ETF by 0.6% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 63,466 shares of the company’s stock worth $2,219,000 after purchasing an additional 376 shares in the last quarter. Finally, Summit Investment Advisory Services LLC boosted its position in Capital Group Core Equity ETF by 4.6% during the fourth quarter. Summit Investment Advisory Services LLC now owns 630,967 shares of the company’s stock worth $22,065,000 after purchasing an additional 27,498 shares in the last quarter.

Capital Group Core Equity ETF Stock Performance

CGUS opened at $36.25 on Wednesday. Capital Group Core Equity ETF has a one year low of $28.70 and a one year high of $36.38. The company has a market cap of $2.99 billion, a price-to-earnings ratio of 26.52 and a beta of 0.96. The business’s fifty day moving average is $35.49 and its two-hundred day moving average is $34.34.

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.