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

Sovran Advisors LLC grew its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 12.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 168,809 shares of the company’s stock after acquiring an additional 18,288 shares during the period. Sovran Advisors LLC owned about 0.07% of Capital Group Core Equity ETF worth $7,185,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. LPL Financial LLC increased its holdings in Capital Group Core Equity ETF by 19.2% during the 4th quarter. LPL Financial LLC now owns 23,734,177 shares of the company’s stock valued at $954,826,000 after purchasing an additional 3,824,999 shares during the period. Raymond James Financial Inc. lifted its holdings in Capital Group Core Equity ETF by 4.0% in the 4th quarter. Raymond James Financial Inc. now owns 7,308,251 shares of the company’s stock worth $294,011,000 after buying an additional 279,570 shares during the period. Morgan Stanley grew its position in shares of Capital Group Core Equity ETF by 9.7% in the 4th quarter. Morgan Stanley now owns 6,715,499 shares of the company’s stock worth $270,165,000 after buying an additional 592,642 shares during the last quarter. Capital International Investors grew its position in shares of Capital Group Core Equity ETF by 1.1% in the 4th quarter. Capital International Investors now owns 6,046,805 shares of the company’s stock worth $243,263,000 after buying an additional 68,441 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of Capital Group Core Equity ETF by 7.6% during the fourth quarter. Cetera Investment Advisers now owns 5,940,417 shares of the company’s stock valued at $238,983,000 after buying an additional 417,787 shares during the period.

Capital Group Core Equity ETF Stock Performance

Shares of Capital Group Core Equity ETF stock traded up $0.20 during midday trading on Friday, reaching $44.79. 963,578 shares of the company’s stock traded hands, compared to its average volume of 1,148,540. The company has a market cap of $11.38 billion, a PE ratio of 26.31 and a beta of 0.93. The stock has a 50 day moving average of $43.79 and a 200-day moving average of $41.62. Capital Group Core Equity ETF has a 12 month low of $37.18 and a 12 month high of $44.84.

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.