Truist Financial Corp Increases Stock Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Truist Financial Corp boosted its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 18.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 140,749 shares of the company’s stock after purchasing an additional 22,033 shares during the quarter. Truist Financial Corp owned about 0.17% of Capital Group Core Equity ETF worth $4,922,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of CGUS. Stonebridge Financial Group LLC acquired a new position in Capital Group Core Equity ETF in the fourth quarter valued at $41,000. Geneos Wealth Management Inc. grew its holdings in shares of 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 buying an additional 1,143 shares during the last quarter. JPMorgan Chase & Co. increased its position in Capital Group Core Equity ETF by 944.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,934 shares of the company’s stock valued at $101,000 after acquiring an additional 2,653 shares during the period. ORG Partners LLC purchased a new stake in Capital Group Core Equity ETF during the 4th quarter valued at approximately $105,000. Finally, Private Client Services LLC purchased a new stake in Capital Group Core Equity ETF during the 4th quarter valued at approximately $200,000.

Capital Group Core Equity ETF Trading Down 1.8 %

Shares of CGUS stock opened at $35.51 on Monday. The company has a market capitalization of $2.93 billion, a P/E ratio of 26.52 and a beta of 0.96. The business’s 50 day moving average is $35.75 and its two-hundred day moving average is $34.81. Capital Group Core Equity ETF has a twelve month low of $29.63 and a twelve month high of $36.75.

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.