Truist Financial Corp Acquires 3,451 Shares of Capital Group Core Equity ETF (NYSEARCA:CGUS)

Truist Financial Corp increased its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 3.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 98,418 shares of the company’s stock after purchasing an additional 3,451 shares during the quarter. Truist Financial Corp’s holdings in Capital Group Core Equity ETF were worth $2,785,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Raymond James & Associates grew its stake in shares of Capital Group Core Equity ETF by 4.4% in the third quarter. Raymond James & Associates now owns 988,193 shares of the company’s stock worth $24,814,000 after acquiring an additional 41,536 shares during the period. Park Avenue Securities LLC purchased a new stake in Capital Group Core Equity ETF during the 3rd quarter valued at $1,022,000. Midwest Heritage Bank FSB lifted its holdings in shares of Capital Group Core Equity ETF by 8.7% during the 3rd quarter. Midwest Heritage Bank FSB now owns 604,779 shares of the company’s stock valued at $15,186,000 after buying an additional 48,496 shares during the period. First Horizon Advisors Inc. purchased a new position in shares of Capital Group Core Equity ETF in the 3rd quarter worth $172,000. Finally, Assetmark Inc. bought a new stake in shares of Capital Group Core Equity ETF in the third quarter worth $16,968,000.

Capital Group Core Equity ETF Stock Performance

CGUS stock opened at $31.00 on Wednesday. The business’s 50-day moving average is $30.63 and its two-hundred day moving average is $28.77. The company has a market cap of $2.56 billion, a price-to-earnings ratio of 26.52 and a beta of 0.96. Capital Group Core Equity ETF has a fifty-two week low of $23.86 and a fifty-two week high of $31.38.

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.