Capital Group Core Equity ETF $CGUS Shares Acquired by Truist Financial Corp

Truist Financial Corp lifted its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 16.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 265,065 shares of the company’s stock after purchasing an additional 37,589 shares during the quarter. Truist Financial Corp owned about 0.12% of Capital Group Core Equity ETF worth $10,664,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Capital International Investors grew its stake in Capital Group Core Equity ETF by 17,866.5% in the 3rd quarter. Capital International Investors now owns 5,978,364 shares of the company’s stock valued at $236,385,000 after acquiring an additional 5,945,089 shares during the last quarter. Merit Financial Group LLC grew its stake in Capital Group Core Equity ETF by 1,624.4% in the 3rd quarter. Merit Financial Group LLC now owns 2,107,661 shares of the company’s stock valued at $83,337,000 after acquiring an additional 1,985,435 shares during the last quarter. Raymond James Financial Inc. grew its stake in Capital Group Core Equity ETF by 24.0% in the 3rd quarter. Raymond James Financial Inc. now owns 7,028,681 shares of the company’s stock valued at $277,914,000 after acquiring an additional 1,360,335 shares during the last quarter. Jones Financial Companies Lllp grew its stake in Capital Group Core Equity ETF by 24.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,799,841 shares of the company’s stock valued at $188,737,000 after acquiring an additional 954,616 shares during the last quarter. Finally, Silver Oak Securities Incorporated acquired a new stake in Capital Group Core Equity ETF in the 4th quarter valued at about $34,761,000.

Capital Group Core Equity ETF Trading Up 0.3%

Shares of NYSEARCA CGUS opened at $43.14 on Friday. The stock has a market cap of $10.36 billion, a price-to-earnings ratio of 26.31 and a beta of 0.94. Capital Group Core Equity ETF has a 52 week low of $33.43 and a 52 week high of $43.35. The company’s 50-day moving average price is $40.39 and its 200 day moving average price is $40.37.

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.