Midwest Heritage Bank FSB Increases Stake in Capital Group Core Equity ETF $CGUS

Midwest Heritage Bank FSB lifted its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 7.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,053,091 shares of the company’s stock after buying an additional 77,383 shares during the period. Capital Group Core Equity ETF comprises 13.0% of Midwest Heritage Bank FSB’s investment portfolio, making the stock its 2nd largest position. Midwest Heritage Bank FSB’s holdings in Capital Group Core Equity ETF were worth $40,460,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CGUS. J. Derek Lewis & Associates Inc. bought a new stake in shares of Capital Group Core Equity ETF in the 4th quarter worth approximately $10,950,000. Rockefeller Capital Management L.P. grew its holdings in shares of Capital Group Core Equity ETF by 21.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 65,444 shares of the company’s stock valued at $2,633,000 after purchasing an additional 11,387 shares during the last quarter. Advisortrust Partners LLC bought a new position in shares of Capital Group Core Equity ETF during the 4th quarter valued at $2,910,000. Worthington Financial Partners LLC purchased a new position in Capital Group Core Equity ETF in the 4th quarter worth $4,410,000. Finally, NWF Advisory Services Inc. raised its position in Capital Group Core Equity ETF by 2.5% in the 4th quarter. NWF Advisory Services Inc. now owns 23,278 shares of the company’s stock worth $936,000 after purchasing an additional 571 shares during the period.

Capital Group Core Equity ETF Stock Performance

Shares of NYSEARCA:CGUS opened at $44.31 on Friday. The stock’s 50-day moving average price is $43.07 and its 200-day moving average price is $41.20. Capital Group Core Equity ETF has a 12-month low of $35.38 and a 12-month high of $44.60. The stock has a market capitalization 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.