Independent Wealth Network Inc. Purchases 7,244 Shares of Capital Group Core Equity ETF (NYSEARCA:CGUS)

Independent Wealth Network Inc. lifted its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 35.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 27,833 shares of the company’s stock after purchasing an additional 7,244 shares during the period. Independent Wealth Network Inc.’s holdings in Capital Group Core Equity ETF were worth $973,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in Capital Group Core Equity ETF by 944.1% during the third quarter. JPMorgan Chase & Co. now owns 2,934 shares of the company’s stock worth $101,000 after buying an additional 2,653 shares during the last quarter. ORG Partners LLC bought a new position in shares of Capital Group Core Equity ETF during the fourth quarter worth about $105,000. Private Client Services LLC acquired a new stake in Capital Group Core Equity ETF during the fourth quarter worth approximately $200,000. Atria Investments Inc acquired a new stake in Capital Group Core Equity ETF during the third quarter worth approximately $204,000. Finally, Hilltop Holdings Inc. acquired a new stake in Capital Group Core Equity ETF in the third quarter valued at approximately $206,000.

Capital Group Core Equity ETF Stock Up 0.2 %

Shares of NYSEARCA:CGUS opened at $36.01 on Thursday. The stock has a market cap of $2.97 billion, a price-to-earnings ratio of 26.52 and a beta of 0.96. Capital Group Core Equity ETF has a 12-month low of $28.67 and a 12-month high of $36.32. The business’s 50 day moving average is $35.39 and its 200 day moving average is $34.24.

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.