Steelhead Wealth Management LLC Invests $1.95 Million in Capital Group Core Equity ETF $CGUS

Steelhead Wealth Management LLC bought a new position in Capital Group Core Equity ETF (NYSEARCA:CGUS) during the 1st quarter, Holdings Channel reports. The fund bought 50,687 shares of the company’s stock, valued at approximately $1,947,000. Capital Group Core Equity ETF accounts for about 1.0% of Steelhead Wealth Management LLC’s holdings, making the stock its 29th largest position.

Several other large investors also recently modified their holdings of the business. First Horizon Corp purchased a new position in Capital Group Core Equity ETF during the 4th quarter valued at about $32,000. CoreCap Advisors LLC lifted its holdings in Capital Group Core Equity ETF by 41.0% in the 4th quarter. CoreCap Advisors LLC now owns 1,101 shares of the company’s stock worth $44,000 after buying an additional 320 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Capital Group Core Equity ETF by 460.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,368 shares of the company’s stock worth $55,000 after buying an additional 1,124 shares during the period. Bayban bought a new stake in shares of Capital Group Core Equity ETF in the 1st quarter worth approximately $61,000. Finally, Miller Capital Partners Inc. bought a new stake in shares of Capital Group Core Equity ETF in the 4th quarter worth approximately $86,000.

Capital Group Core Equity ETF Stock Performance

CGUS opened at $44.69 on Monday. Capital Group Core Equity ETF has a 52-week low of $37.19 and a 52-week high of $44.84. The stock has a market capitalization of $11.44 billion, a PE ratio of 26.31 and a beta of 0.93. The stock’s 50 day moving average price is $44.05 and its 200-day moving average price is $42.00.

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.