J. Derek Lewis & Associates Inc. Makes New Investment in Capital Group Core Equity ETF $CGUS

J. Derek Lewis & Associates Inc. acquired a new position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 272,179 shares of the company’s stock, valued at approximately $10,950,000. Capital Group Core Equity ETF accounts for 2.6% of J. Derek Lewis & Associates Inc.’s portfolio, making the stock its 12th largest holding.

Several other institutional investors have also recently made changes to their positions in CGUS. LPL Financial LLC lifted its stake in shares of Capital Group Core Equity ETF by 19.2% in the 4th quarter. LPL Financial LLC now owns 23,734,177 shares of the company’s stock valued at $954,826,000 after purchasing an additional 3,824,999 shares during the period. Raymond James Financial Inc. grew its position in Capital Group Core Equity ETF by 4.0% during the fourth quarter. Raymond James Financial Inc. now owns 7,308,251 shares of the company’s stock valued at $294,011,000 after buying an additional 279,570 shares during the period. Morgan Stanley increased its holdings in Capital Group Core Equity ETF by 9.7% in the fourth quarter. Morgan Stanley now owns 6,715,499 shares of the company’s stock valued at $270,165,000 after buying an additional 592,642 shares in the last quarter. Capital International Investors raised its position in shares of Capital Group Core Equity ETF by 1.1% in the fourth quarter. Capital International Investors now owns 6,046,805 shares of the company’s stock worth $243,263,000 after acquiring an additional 68,441 shares during the period. Finally, Cetera Investment Advisers raised its position in shares of Capital Group Core Equity ETF by 7.6% in the fourth quarter. Cetera Investment Advisers now owns 5,940,417 shares of the company’s stock worth $238,983,000 after acquiring an additional 417,787 shares during the period.

Capital Group Core Equity ETF Price Performance

CGUS stock opened at $44.31 on Friday. The company’s 50-day simple moving average is $43.07 and its 200-day simple moving average is $41.20. Capital Group Core Equity ETF has a 52-week low of $35.38 and a 52-week high of $44.60. The firm has a market cap of $10.64 billion, a P/E ratio of 26.31 and a beta of 0.94.

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.