Gateway Wealth Partners LLC Invests $283,000 in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Gateway Wealth Partners LLC purchased a new stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 8,787 shares of the company’s stock, valued at approximately $283,000.

Other institutional investors have also made changes to their positions in the company. Vantage Financial Partners Ltd. Inc. boosted its stake in shares of Capital Group Core Equity ETF by 120.9% in the fourth quarter. Vantage Financial Partners Ltd. Inc. now owns 346,377 shares of the company’s stock valued at $9,802,000 after buying an additional 189,573 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Capital Group Core Equity ETF by 15.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,196,573 shares of the company’s stock valued at $118,763,000 after buying an additional 569,520 shares during the period. Advance Capital Management Inc. bought a new stake in shares of Capital Group Core Equity ETF in the first quarter valued at approximately $229,000. Raymond James Trust N.A. boosted its stake in shares of Capital Group Core Equity ETF by 8.6% in the second quarter. Raymond James Trust N.A. now owns 20,412 shares of the company’s stock valued at $658,000 after buying an additional 1,609 shares during the period. Finally, Nations Financial Group Inc. IA ADV boosted its stake in shares of Capital Group Core Equity ETF by 14.4% in the second quarter. Nations Financial Group Inc. IA ADV now owns 27,872 shares of the company’s stock valued at $899,000 after buying an additional 3,500 shares during the period.

Capital Group Core Equity ETF Trading Up 0.3 %

Shares of CGUS stock opened at $34.27 on Tuesday. Capital Group Core Equity ETF has a 1 year low of $24.19 and a 1 year high of $34.46. The stock has a market cap of $2.83 billion, a P/E ratio of 26.52 and a beta of 0.96. The stock has a 50 day simple moving average of $33.10 and a 200 day simple moving average of $32.06.

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.