Prospera Private Wealth LLC Takes Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Prospera Private Wealth LLC acquired a new stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) during the third quarter, HoldingsChannel reports. The firm acquired 13,948 shares of the company’s stock, valued at approximately $478,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. grew its position 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 acquiring an additional 1,311,729 shares during the period. LPL Financial LLC grew its position in Capital Group Core Equity ETF by 21.9% in the second quarter. LPL Financial LLC now owns 4,913,710 shares of the company’s stock valued at $158,467,000 after acquiring an additional 883,726 shares during the period. Raymond James & Associates boosted its stake in 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 worth $89,539,000 after purchasing an additional 401,507 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in 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 worth $79,803,000 after purchasing an additional 270,168 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in Capital Group Core Equity ETF by 13.2% in the third quarter. Commonwealth Equity Services LLC now owns 2,345,215 shares of the company’s stock worth $80,394,000 after purchasing an additional 272,969 shares in the last quarter.

Capital Group Core Equity ETF Stock Performance

Capital Group Core Equity ETF stock opened at $34.92 on Thursday. The firm has a market cap of $2.88 billion, a P/E ratio of 26.52 and a beta of 0.96. The business’s fifty day moving average is $34.50 and its two-hundred day moving average is $33.09. Capital Group Core Equity ETF has a 52 week low of $26.75 and a 52 week high of $35.74.

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.