CapWealth Advisors LLC Sells 556 Shares of Capital Group Core Equity ETF (NYSEARCA:CGUS)

CapWealth Advisors LLC decreased its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 4.8% during the 2nd quarter, Holdings Channel.com reports. The fund owned 10,918 shares of the company’s stock after selling 556 shares during the quarter. CapWealth Advisors LLC’s holdings in Capital Group Core Equity ETF were worth $352,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in CGUS. Comerica Bank lifted its holdings in shares of Capital Group Core Equity ETF by 83.3% in the first quarter. Comerica Bank now owns 1,100 shares of the company’s stock valued at $34,000 after purchasing an additional 500 shares in the last quarter. Clear Investment Research LLC bought a new position in Capital Group Core Equity ETF during the 1st quarter valued at $55,000. Mather Group LLC. purchased a new position in Capital Group Core Equity ETF during the 1st quarter worth $81,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Capital Group Core Equity ETF in the 2nd quarter worth $89,000. Finally, Crewe Advisors LLC bought a new stake in shares of Capital Group Core Equity ETF in the 1st quarter worth $118,000.

Capital Group Core Equity ETF Price Performance

CGUS opened at $32.92 on Friday. Capital Group Core Equity ETF has a fifty-two week low of $24.19 and a fifty-two week high of $33.72. The firm has a market capitalization of $2.72 billion, a P/E ratio of 26.52 and a beta of 0.96. The company’s 50-day moving average is $32.79 and its 200 day moving average is $31.64.

Capital Group Core Equity ETF Company 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.