Independent Wealth Network Inc. Has $1.08 Million Stake in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Independent Wealth Network Inc. boosted its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 15.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,244 shares of the company’s stock after purchasing an additional 4,411 shares during the period. Independent Wealth Network Inc.’s holdings in Capital Group Core Equity ETF were worth $1,077,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of CGUS. LPL Financial LLC raised its position in shares of Capital Group Core Equity ETF by 38.3% in the 4th quarter. LPL Financial LLC now owns 9,225,156 shares of the company’s stock worth $322,604,000 after acquiring an additional 2,556,396 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Capital Group Core Equity ETF by 16.0% in the 1st quarter. Envestnet Asset Management Inc. now owns 9,089,025 shares of the company’s stock valued at $303,573,000 after buying an additional 1,254,091 shares during the period. Wells Fargo & Company MN grew its stake in shares of Capital Group Core Equity ETF by 24.5% in the 4th quarter. Wells Fargo & Company MN now owns 2,646,258 shares of the company’s stock valued at $92,540,000 after buying an additional 520,673 shares during the period. Affiance Financial LLC acquired a new stake in shares of Capital Group Core Equity ETF in the 1st quarter valued at about $16,396,000. Finally, Cetera Investment Advisers grew its stake in shares of Capital Group Core Equity ETF by 14.9% in the 4th quarter. Cetera Investment Advisers now owns 3,063,731 shares of the company’s stock valued at $107,139,000 after buying an additional 397,725 shares during the period.

Capital Group Core Equity ETF Price Performance

Shares of CGUS opened at $37.74 on Friday. The stock has a 50-day moving average of $35.95 and a 200-day moving average of $34.81. The company has a market cap of $6.35 billion, a PE ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a one year low of $28.95 and a one year high of $37.79.

Capital Group Core Equity ETF Company 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.