Mayflower Financial Advisors LLC Raises Holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Mayflower Financial Advisors LLC lifted its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 17.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 41,455 shares of the company’s stock after acquiring an additional 6,143 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in Capital Group Core Equity ETF were worth $1,450,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of CGUS. Geneos Wealth Management Inc. boosted its position in Capital Group Core Equity ETF by 111.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 2,173 shares of the company’s stock worth $76,000 after purchasing an additional 1,143 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Capital Group Core Equity ETF by 944.1% during the third quarter. JPMorgan Chase & Co. now owns 2,934 shares of the company’s stock worth $101,000 after purchasing an additional 2,653 shares in the last quarter. ORG Partners LLC purchased a new position in Capital Group Core Equity ETF during the fourth quarter worth approximately $105,000. Private Client Services LLC purchased a new position in Capital Group Core Equity ETF during the fourth quarter worth approximately $200,000. Finally, Atria Investments Inc purchased a new position in Capital Group Core Equity ETF during the third quarter worth approximately $204,000.

Capital Group Core Equity ETF Trading Up 0.8 %

Shares of CGUS stock opened at $36.25 on Wednesday. The company has a market capitalization of $2.99 billion, a P/E ratio of 26.52 and a beta of 0.96. The business’s 50 day moving average is $35.49 and its two-hundred day moving average is $34.34. Capital Group Core Equity ETF has a 12-month low of $28.70 and a 12-month high of $36.38.

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.