Essex Financial Services Inc. Boosts Stock Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Essex Financial Services Inc. grew its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 34.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 115,049 shares of the company’s stock after buying an additional 29,722 shares during the quarter. Essex Financial Services Inc.’s holdings in Capital Group Core Equity ETF were worth $3,256,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Tennessee Valley Asset Management Partners acquired a new stake in Capital Group Core Equity ETF in the fourth quarter valued at about $32,000. Winch Advisory Services LLC lifted its position in shares of Capital Group Core Equity ETF by 174.0% during the 4th quarter. Winch Advisory Services LLC now owns 1,178 shares of the company’s stock valued at $33,000 after acquiring an additional 748 shares during the period. Northwest Capital Management Inc acquired a new stake in shares of Capital Group Core Equity ETF during the 4th quarter valued at approximately $89,000. First Horizon Advisors Inc. acquired a new stake in shares of Capital Group Core Equity ETF during the 3rd quarter valued at approximately $172,000. Finally, Delta Financial Group Inc. acquired a new stake in shares of Capital Group Core Equity ETF during the 4th quarter valued at approximately $203,000.

Capital Group Core Equity ETF Price Performance

CGUS stock traded up $0.07 during midday trading on Wednesday, hitting $30.11. The stock had a trading volume of 439,076 shares, compared to its average volume of 559,977. Capital Group Core Equity ETF has a 12-month low of $23.61 and a 12-month high of $31.38. The company’s 50-day moving average price is $30.60 and its 200 day moving average price is $28.59. The firm has a market cap of $2.44 billion, a PE ratio of 26.14 and a beta of 0.95.

About Capital Group Core Equity ETF

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.