Envestnet Portfolio Solutions Inc. Buys 29,735 Shares of Capital Group Core Equity ETF $CGUS

Envestnet Portfolio Solutions Inc. raised its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 16.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 216,059 shares of the company’s stock after purchasing an additional 29,735 shares during the period. Envestnet Portfolio Solutions Inc. owned 0.10% of Capital Group Core Equity ETF worth $8,692,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Pflug Koory LLC purchased a new position in Capital Group Core Equity ETF during the fourth quarter worth about $25,000. First Horizon Corp purchased a new stake in shares of Capital Group Core Equity ETF in the 4th quarter valued at $32,000. CoreCap Advisors LLC boosted its position in 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 buying an additional 320 shares during the period. Huntington National Bank bought a new position in Capital Group Core Equity ETF in the 3rd quarter worth $50,000. Finally, Hazlett Burt & Watson Inc. increased its stake in shares of Capital Group Core Equity ETF by 28.5% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 1,285 shares of the company’s stock worth $51,000 after acquiring an additional 285 shares in the last quarter.

Capital Group Core Equity ETF Price Performance

Shares of Capital Group Core Equity ETF stock opened at $43.40 on Thursday. Capital Group Core Equity ETF has a 1 year low of $34.15 and a 1 year high of $44.05. The company has a 50-day moving average of $40.90 and a 200 day moving average of $40.58. The firm has a market cap of $10.42 billion, a price-to-earnings ratio of 26.31 and a beta of 0.94.

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.