Lynch & Associates IN Increases Stock Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Lynch & Associates IN raised its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 16.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,161 shares of the company’s stock after buying an additional 2,836 shares during the period. Lynch & Associates IN’s holdings in Capital Group Core Equity ETF were worth $705,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC grew its position in shares of Capital Group Core Equity ETF by 35.7% during the 3rd quarter. LPL Financial LLC now owns 6,668,760 shares of the company’s stock valued at $228,605,000 after acquiring an additional 1,755,050 shares during the period. Envestnet Asset Management Inc. grew its holdings in Capital Group Core Equity ETF by 28.6% in the second quarter. Envestnet Asset Management Inc. now owns 5,892,224 shares of the company’s stock valued at $190,024,000 after purchasing an additional 1,311,729 shares during the period. Raymond James & Associates increased its position in shares of Capital Group Core Equity ETF by 18.2% in the third quarter. Raymond James & Associates now owns 2,611,991 shares of the company’s stock valued at $89,539,000 after buying an additional 401,507 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Capital Group Core Equity ETF by 12.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,474,494 shares of the company’s stock valued at $79,803,000 after buying an additional 270,168 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in shares of Capital Group Core Equity ETF by 13.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 2,345,215 shares of the company’s stock worth $80,394,000 after buying an additional 272,969 shares during the period.

Capital Group Core Equity ETF Stock Performance

Capital Group Core Equity ETF stock traded down $0.53 during trading on Friday, reaching $34.65. The company had a trading volume of 1,824,326 shares, compared to its average volume of 1,262,018. Capital Group Core Equity ETF has a 1-year low of $27.94 and a 1-year high of $36.32. The firm’s 50-day simple moving average is $35.35 and its 200 day simple moving average is $34.04. The firm has a market capitalization of $2.86 billion, a PE ratio of 26.52 and a beta of 0.96.

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.