Koshinski Asset Management Inc. Decreases Stake in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Koshinski Asset Management Inc. decreased its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 1.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 40,069 shares of the company’s stock after selling 716 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Capital Group Core Equity ETF were worth $1,401,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CGUS. Sei Investments Co. purchased a new position in shares of Capital Group Core Equity ETF in the 2nd quarter valued at $24,364,000. Smith Thornton Advisors LLC purchased a new position in Capital Group Core Equity ETF in the second quarter valued at about $375,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Capital Group Core Equity ETF by 12.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,474,494 shares of the company’s stock worth $79,803,000 after purchasing an additional 270,168 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of Capital Group Core Equity ETF by 44.4% in the second quarter. NewEdge Advisors LLC now owns 642,363 shares of the company’s stock worth $20,716,000 after buying an additional 197,479 shares during the period. Finally, Sunbelt Securities Inc. grew its stake in shares of Capital Group Core Equity ETF by 23.3% in the second quarter. Sunbelt Securities Inc. now owns 299,002 shares of the company’s stock valued at $9,643,000 after buying an additional 56,477 shares in the last quarter.

Capital Group Core Equity ETF Stock Performance

Capital Group Core Equity ETF stock opened at $35.93 on Wednesday. The firm has a market capitalization of $2.97 billion, a PE ratio of 26.52 and a beta of 0.96. Capital Group Core Equity ETF has a one year low of $28.67 and a one year high of $36.32. The stock’s 50 day moving average price is $35.38 and its 200 day moving average price is $34.22.

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.