BIP Wealth LLC Has $26.53 Million Stake in Capital Group Core Equity ETF $CGUS

BIP Wealth LLC raised its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 4.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 690,410 shares of the company’s stock after purchasing an additional 30,635 shares during the period. Capital Group Core Equity ETF makes up about 1.1% of BIP Wealth LLC’s portfolio, making the stock its 13th largest holding. BIP Wealth LLC’s holdings in Capital Group Core Equity ETF were worth $26,526,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in CGUS. Pflug Koory LLC bought a new position in Capital Group Core Equity ETF during the 4th quarter worth $25,000. First Horizon Corp bought a new stake in shares of Capital Group Core Equity ETF during the 4th quarter valued at $32,000. CoreCap Advisors LLC lifted its position in shares of Capital Group Core Equity ETF by 41.0% during the 4th quarter. CoreCap Advisors LLC now owns 1,101 shares of the company’s stock valued at $44,000 after acquiring an additional 320 shares during the period. Huntington National Bank acquired a new stake in shares of Capital Group Core Equity ETF during the 3rd quarter worth $50,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Capital Group Core Equity ETF by 460.7% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,368 shares of the company’s stock worth $55,000 after purchasing an additional 1,124 shares in the last quarter.

Capital Group Core Equity ETF Stock Performance

Shares of NYSEARCA CGUS opened at $44.16 on Friday. Capital Group Core Equity ETF has a 52 week low of $37.03 and a 52 week high of $44.62. The stock has a market capitalization of $11.10 billion, a P/E ratio of 26.31 and a beta of 0.93. The stock’s fifty day moving average is $43.57 and its 200 day moving average is $41.46.

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.