RM Financial Services LLC Takes $1.25 Million Position in Capital Group Core Equity ETF $CGUS

RM Financial Services LLC purchased a new position in Capital Group Core Equity ETF (NYSEARCA:CGUS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 30,970 shares of the company’s stock, valued at approximately $1,246,000. Capital Group Core Equity ETF accounts for 1.1% of RM Financial Services LLC’s portfolio, making the stock its 26th biggest position.

Several other hedge funds have also recently made changes to their positions in the stock. GWN Securities Inc. raised its stake in Capital Group Core Equity ETF by 32.9% during the 4th quarter. GWN Securities Inc. now owns 32,505 shares of the company’s stock valued at $1,308,000 after buying an additional 8,047 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Capital Group Core Equity ETF by 22.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 760,323 shares of the company’s stock worth $30,588,000 after buying an additional 141,621 shares during the last quarter. Capital Analysts LLC grew its holdings in shares of Capital Group Core Equity ETF by 28.6% in the fourth quarter. Capital Analysts LLC now owns 40,461 shares of the company’s stock worth $1,628,000 after acquiring an additional 8,989 shares during the period. Cerity Partners LLC grew its holdings in shares of Capital Group Core Equity ETF by 12.1% in the fourth quarter. Cerity Partners LLC now owns 35,028 shares of the company’s stock worth $1,409,000 after acquiring an additional 3,777 shares during the period. Finally, LPL Financial LLC increased its position in Capital Group Core Equity ETF by 19.2% during the fourth quarter. LPL Financial LLC now owns 23,734,177 shares of the company’s stock valued at $954,826,000 after acquiring an additional 3,824,999 shares during the last quarter.

Capital Group Core Equity ETF Stock Performance

CGUS stock opened at $42.66 on Thursday. Capital Group Core Equity ETF has a fifty-two week low of $35.38 and a fifty-two week high of $44.60. The business’s 50-day moving average is $42.36 and its two-hundred day moving average is $41.00. The company has a market cap of $10.24 billion, a price-to-earnings ratio of 26.31 and a beta of 0.94.

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.