Lincoln Capital LLC Acquires 13,107 Shares of Capital Group Core Equity ETF $CGUS

Lincoln Capital LLC boosted its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 111.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,834 shares of the company’s stock after purchasing an additional 13,107 shares during the period. Lincoln Capital LLC’s holdings in Capital Group Core Equity ETF were worth $778,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the business. LPL Financial LLC grew its stake in shares of Capital Group Core Equity ETF by 60.8% in the first quarter. LPL Financial LLC now owns 14,836,962 shares of the company’s stock valued at $495,555,000 after buying an additional 5,611,806 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Capital Group Core Equity ETF by 16.0% in the first quarter. Envestnet Asset Management Inc. now owns 9,089,025 shares of the company’s stock valued at $303,573,000 after acquiring an additional 1,254,091 shares during the last quarter. Cetera Investment Advisers grew its position in shares of Capital Group Core Equity ETF by 25.4% in the 1st quarter. Cetera Investment Advisers now owns 3,843,349 shares of the company’s stock valued at $128,368,000 after acquiring an additional 779,618 shares during the period. Affiance Financial LLC acquired a new position in shares of Capital Group Core Equity ETF during the 1st quarter worth about $16,396,000. Finally, Commonwealth Equity Services LLC increased its stake in shares of Capital Group Core Equity ETF by 15.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 3,183,195 shares of the company’s stock worth $106,319,000 after purchasing an additional 434,231 shares during the last quarter.

Capital Group Core Equity ETF Stock Performance

Shares of CGUS stock opened at $38.43 on Monday. Capital Group Core Equity ETF has a 52-week low of $28.95 and a 52-week high of $38.73. The stock has a market cap of $6.56 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92. The firm’s 50-day moving average is $37.29 and its 200-day moving average is $35.18.

Capital Group Core Equity ETF 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.