Valmark Advisers Inc. Purchases 668,137 Shares of Capital Group Core Equity ETF $CGUS

Valmark Advisers Inc. boosted its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 100.5% during the first quarter, Holdings Channel reports. The institutional investor owned 1,333,129 shares of the company’s stock after acquiring an additional 668,137 shares during the quarter. Valmark Advisers Inc.’s holdings in Capital Group Core Equity ETF were worth $51,219,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of CGUS. AA Financial Advisors LLC increased its stake in Capital Group Core Equity ETF by 5.7% in the fourth quarter. AA Financial Advisors LLC now owns 424,380 shares of the company’s stock valued at $17,073,000 after acquiring an additional 23,038 shares during the period. BIP Wealth LLC lifted its stake in 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 purchasing an additional 654,460 shares during the period. Souders Financial Advisors boosted its holdings in Capital Group Core Equity ETF by 4.1% during the fourth quarter. Souders Financial Advisors now owns 966,539 shares of the company’s stock valued at $38,884,000 after purchasing an additional 38,084 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in 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 valued at $11,309,000 after purchasing an additional 264,636 shares in the last quarter. Finally, Assetmark Inc. grew its stake in shares of Capital Group Core Equity ETF by 22.5% in the 4th quarter. Assetmark Inc. now owns 1,170,140 shares of the company’s stock valued at $47,075,000 after purchasing an additional 215,111 shares during the period.

Capital Group Core Equity ETF Price Performance

Shares of CGUS traded up $0.20 during mid-day trading on Friday, reaching $44.79. The company had a trading volume of 963,578 shares, compared to its average volume of 1,148,540. Capital Group Core Equity ETF has a twelve month low of $37.18 and a twelve month high of $44.84. The company’s 50-day moving average is $43.79 and its 200-day moving average is $41.62. The company has a market capitalization of $11.38 billion, a P/E ratio of 26.31 and a beta of 0.93.

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.