Park Avenue Securities LLC Buys 17,519 Shares of Capital Group Core Equity ETF (NYSEARCA:CGUS)

Park Avenue Securities LLC lifted its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 32.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 71,393 shares of the company’s stock after buying an additional 17,519 shares during the period. Park Avenue Securities LLC owned about 0.09% of Capital Group Core Equity ETF worth $2,302,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in CGUS. Cetera Investment Advisers lifted its stake in shares of Capital Group Core Equity ETF by 196.8% in the first quarter. Cetera Investment Advisers now owns 2,183,823 shares of the company’s stock valued at $68,048,000 after buying an additional 1,448,154 shares during the period. Wells Fargo & Company MN raised its position in Capital Group Core Equity ETF by 125.7% in the fourth quarter. Wells Fargo & Company MN now owns 1,202,790 shares of the company’s stock worth $34,039,000 after purchasing an additional 669,916 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Capital Group Core Equity ETF by 15.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,196,573 shares of the company’s stock worth $118,763,000 after purchasing an additional 569,520 shares in the last quarter. Raymond James & Associates raised its position in Capital Group Core Equity ETF by 46.4% in the first quarter. Raymond James & Associates now owns 1,540,432 shares of the company’s stock worth $48,000,000 after purchasing an additional 488,439 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its position in Capital Group Core Equity ETF by 57.9% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 1,317,053 shares of the company’s stock worth $37,273,000 after purchasing an additional 482,707 shares in the last quarter.

Capital Group Core Equity ETF Trading Down 0.6 %

NYSEARCA:CGUS traded down $0.18 during mid-day trading on Wednesday, hitting $31.29. The company’s stock had a trading volume of 604,772 shares, compared to its average volume of 567,555. Capital Group Core Equity ETF has a fifty-two week low of $24.19 and a fifty-two week high of $33.45. The company has a market capitalization of $2.58 billion, a price-to-earnings ratio of 26.52 and a beta of 0.96. The stock has a fifty day moving average of $32.33 and a 200-day moving average of $31.10.

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.