Sovran Advisors LLC Grows Stake in Capital Group Core Equity ETF $CGUS

Sovran Advisors LLC grew its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 12.1% in the 1st quarter, Holdings Channel.com reports. The fund owned 168,809 shares of the company’s stock after acquiring an additional 18,288 shares during the period. Sovran Advisors LLC’s holdings in Capital Group Core Equity ETF were worth $7,185,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of CGUS. Pflug Koory LLC bought a new position in Capital Group Core Equity ETF in the 4th quarter worth about $25,000. First Horizon Corp bought a new stake in Capital Group Core Equity ETF during the 4th quarter valued at about $32,000. CoreCap Advisors LLC raised its holdings in Capital Group Core Equity ETF by 41.0% in the fourth quarter. CoreCap Advisors LLC now owns 1,101 shares of the company’s stock worth $44,000 after buying an additional 320 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Capital Group Core Equity ETF by 460.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,368 shares of the company’s stock worth $55,000 after buying an additional 1,124 shares in the last quarter. Finally, Bayban bought a new position in shares of Capital Group Core Equity ETF in the first quarter worth approximately $61,000.

Capital Group Core Equity ETF Stock Performance

Shares of CGUS traded up $0.20 on Friday, hitting $44.79. 963,578 shares of the stock traded hands, compared to its average volume of 1,148,540. Capital Group Core Equity ETF has a one year low of $37.18 and a one year high of $44.84. The company has a market capitalization of $11.38 billion, a PE ratio of 26.31 and a beta of 0.93. The business has a 50 day simple moving average of $43.79 and a 200 day simple moving average of $41.62.

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.