TrueWealth Financial Partners Makes New $2.88 Million Investment in Capital Group Core Equity ETF $CGUS

TrueWealth Financial Partners acquired a new position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 71,567 shares of the company’s stock, valued at approximately $2,879,000. Capital Group Core Equity ETF comprises about 2.4% of TrueWealth Financial Partners’ holdings, making the stock its 14th biggest holding.

Several other large investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its stake in Capital Group Core Equity ETF by 7.8% during the third quarter. Envestnet Asset Management Inc. now owns 11,137,498 shares of the company’s stock worth $440,377,000 after buying an additional 810,149 shares during the last quarter. Raymond James Financial Inc. grew its stake in Capital Group Core Equity ETF by 24.0% during the third quarter. Raymond James Financial Inc. now owns 7,028,681 shares of the company’s stock worth $277,914,000 after buying an additional 1,360,335 shares during the last quarter. Capital International Investors grew its stake in Capital Group Core Equity ETF by 17,866.5% during the third quarter. Capital International Investors now owns 5,978,364 shares of the company’s stock worth $236,385,000 after buying an additional 5,945,089 shares during the last quarter. Jones Financial Companies Lllp grew its stake in Capital Group Core Equity ETF by 24.8% during the third quarter. Jones Financial Companies Lllp now owns 4,799,841 shares of the company’s stock worth $188,737,000 after buying an additional 954,616 shares during the last quarter. Finally, Capital Group Private Client Services Inc. grew its stake in Capital Group Core Equity ETF by 3.2% during the third quarter. Capital Group Private Client Services Inc. now owns 4,555,109 shares of the company’s stock worth $180,109,000 after buying an additional 142,694 shares during the last quarter.

Capital Group Core Equity ETF Trading Up 0.5%

Shares of Capital Group Core Equity ETF stock opened at $43.47 on Thursday. The stock has a market capitalization of $10.44 billion, a price-to-earnings ratio of 26.31 and a beta of 0.94. Capital Group Core Equity ETF has a 1-year low of $34.15 and a 1-year high of $43.54. The firm’s 50-day moving average price is $40.58 and its two-hundred day moving average price is $40.47.

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.