Golden State Wealth Management LLC Purchases Shares of 866 Capital Group Core Equity ETF (NYSEARCA:CGUS)

Golden State Wealth Management LLC purchased a new stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 866 shares of the company’s stock, valued at approximately $29,000.

A number of other hedge funds have also modified their holdings of CGUS. LPL Financial LLC grew its position in shares of Capital Group Core Equity ETF by 38.3% during the fourth quarter. LPL Financial LLC now owns 9,225,156 shares of the company’s stock worth $322,604,000 after acquiring an additional 2,556,396 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Capital Group Core Equity ETF by 17.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,834,934 shares of the company’s stock worth $273,988,000 after acquiring an additional 1,161,511 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of Capital Group Core Equity ETF by 24.5% during the fourth quarter. Wells Fargo & Company MN now owns 2,646,258 shares of the company’s stock worth $92,540,000 after acquiring an additional 520,673 shares during the last quarter. Affiance Financial LLC purchased a new position in shares of Capital Group Core Equity ETF during the first quarter worth approximately $16,396,000. Finally, Commonwealth Equity Services LLC grew its position in shares of Capital Group Core Equity ETF by 17.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 2,748,964 shares of the company’s stock worth $96,131,000 after acquiring an additional 403,749 shares during the last quarter.

Capital Group Core Equity ETF Trading Up 0.8%

Shares of CGUS opened at $37.46 on Monday. The firm has a market cap of $6.03 billion, a PE ratio of 26.31 and a beta of 0.92. The company’s 50 day simple moving average is $35.18 and its 200-day simple moving average is $34.67. Capital Group Core Equity ETF has a 12-month low of $28.95 and a 12-month high of $37.48.

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.