Gateway Wealth Partners LLC Has $8.13 Million Stock Position in Capital Group Core Equity ETF $CGUS

Gateway Wealth Partners LLC grew its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 363.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 211,699 shares of the company’s stock after acquiring an additional 165,990 shares during the quarter. Gateway Wealth Partners LLC owned 0.09% of Capital Group Core Equity ETF worth $8,133,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. LPL Financial LLC raised its stake in shares of Capital Group Core Equity ETF by 19.2% in the fourth quarter. LPL Financial LLC now owns 23,734,177 shares of the company’s stock valued at $954,826,000 after purchasing an additional 3,824,999 shares in the last quarter. Raymond James Financial Inc. boosted its stake in Capital Group Core Equity ETF by 24.0% during the third quarter. Raymond James Financial Inc. now owns 7,028,681 shares of the company’s stock worth $277,914,000 after buying an additional 1,360,335 shares in the last quarter. Wells Fargo & Company MN boosted its stake in Capital Group Core Equity ETF by 32.7% during the fourth quarter. Wells Fargo & Company MN now owns 5,278,226 shares of the company’s stock worth $212,343,000 after buying an additional 1,301,252 shares in the last quarter. Silver Oak Securities Incorporated acquired a new stake in Capital Group Core Equity ETF during the fourth quarter worth $34,761,000. Finally, Valmark Advisers Inc. increased its holdings in Capital Group Core Equity ETF by 100.5% in the 1st quarter. Valmark Advisers Inc. now owns 1,333,129 shares of the company’s stock valued at $51,219,000 after buying an additional 668,137 shares during the period.

Capital Group Core Equity ETF Stock Performance

Shares of CGUS stock opened at $43.86 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 cap of $11.15 billion, a price-to-earnings ratio of 26.31 and a beta of 0.93. The firm has a fifty day moving average of $43.99 and a 200-day moving average of $41.89.

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.