Principal Securities Inc. Raises Stock Position in Capital Group Core Equity ETF $CGUS

Principal Securities Inc. lifted its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 19.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 291,627 shares of the company’s stock after acquiring an additional 47,011 shares during the quarter. Principal Securities Inc. owned approximately 0.14% of Capital Group Core Equity ETF worth $11,732,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Assetmark Inc. increased its position in shares of Capital Group Core Equity ETF by 12.1% during the third quarter. Assetmark Inc. now owns 955,029 shares of the company’s stock worth $37,762,000 after acquiring an additional 102,872 shares during the period. AA Financial Advisors LLC increased its position in shares of Capital Group Core Equity ETF by 5.7% during the fourth quarter. AA Financial Advisors LLC now owns 424,380 shares of the company’s stock worth $17,073,000 after acquiring an additional 23,038 shares during the period. Blueprint Financial Advisors LLC purchased a new position in shares of Capital Group Core Equity ETF during the third quarter worth approximately $1,598,000. BIP Wealth LLC increased its position in shares of Capital Group Core Equity ETF by 12,313.5% during the fourth quarter. BIP Wealth LLC now owns 659,775 shares of the company’s stock worth $26,543,000 after acquiring an additional 654,460 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of Capital Group Core Equity ETF by 1,201.5% during the third quarter. JPMorgan Chase & Co. now owns 286,661 shares of the company’s stock worth $11,309,000 after acquiring an additional 264,636 shares during the period.

Capital Group Core Equity ETF Stock Performance

Shares of NYSEARCA:CGUS opened at $43.48 on Friday. The firm’s 50 day simple moving average is $42.46 and its 200-day simple moving average is $41.04. Capital Group Core Equity ETF has a one year low of $35.38 and a one year high of $44.60. The firm has a market cap of $10.44 billion, a PE ratio of 26.31 and a beta of 0.94.

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.