Silver Oak Securities Incorporated Invests $34.76 Million in Capital Group Core Equity ETF $CGUS

Silver Oak Securities Incorporated purchased a new stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) in the fourth quarter, HoldingsChannel reports. The firm purchased 858,085 shares of the company’s stock, valued at approximately $34,761,000. Capital Group Core Equity ETF makes up approximately 2.3% of Silver Oak Securities Incorporated’s holdings, making the stock its 2nd largest position.

Several other institutional investors have also made changes to their positions in CGUS. Envestnet Asset Management Inc. grew its position in Capital Group Core Equity ETF by 7.8% during the third quarter. Envestnet Asset Management Inc. now owns 11,137,498 shares of the company’s stock worth $440,377,000 after buying an additional 810,149 shares in the last quarter. Raymond James Financial Inc. raised its holdings in Capital Group Core Equity ETF by 24.0% in the 3rd quarter. Raymond James Financial Inc. now owns 7,028,681 shares of the company’s stock valued at $277,914,000 after acquiring an additional 1,360,335 shares in the last quarter. Capital International Investors lifted its position in shares of Capital Group Core Equity ETF by 17,866.5% during the 3rd quarter. Capital International Investors now owns 5,978,364 shares of the company’s stock valued at $236,385,000 after acquiring an additional 5,945,089 shares during the period. Jones Financial Companies Lllp lifted its position in shares of Capital Group Core Equity ETF by 24.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,799,841 shares of the company’s stock valued at $188,737,000 after acquiring an additional 954,616 shares during the period. Finally, Capital Group Private Client Services Inc. grew its holdings in shares of Capital Group Core Equity ETF by 3.2% during the 3rd quarter. Capital Group Private Client Services Inc. now owns 4,555,109 shares of the company’s stock worth $180,109,000 after purchasing an additional 142,694 shares in the last quarter.

Capital Group Core Equity ETF Stock Performance

CGUS opened at $37.33 on Tuesday. Capital Group Core Equity ETF has a 52-week low of $28.95 and a 52-week high of $41.38. The firm has a market cap of $8.01 billion, a P/E ratio of 26.31 and a beta of 0.92. The business’s fifty day moving average is $40.17 and its 200-day moving average is $40.06.

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.