Investment Planning Advisors Inc. Sells 318,401 Shares of Capital Group Core Equity ETF $CGUS

Investment Planning Advisors Inc. decreased its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 89.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,626 shares of the company’s stock after selling 318,401 shares during the period. Capital Group Core Equity ETF makes up 0.4% of Investment Planning Advisors Inc.’s holdings, making the stock its 29th biggest holding. Investment Planning Advisors Inc.’s holdings in Capital Group Core Equity ETF were worth $1,407,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Apollon Wealth Management LLC grew its holdings in Capital Group Core Equity ETF by 30.5% during the 1st quarter. Apollon Wealth Management LLC now owns 295,487 shares of the company’s stock worth $11,353,000 after acquiring an additional 69,005 shares during the period. Vicus Capital lifted its stake in shares of Capital Group Core Equity ETF by 13.7% in the 1st quarter. Vicus Capital now owns 37,355 shares of the company’s stock valued at $1,435,000 after purchasing an additional 4,492 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of Capital Group Core Equity ETF by 33.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,012,598 shares of the company’s stock valued at $38,904,000 after purchasing an additional 252,275 shares during the period. MRWM Advisors LLC boosted its position in shares of Capital Group Core Equity ETF by 5.0% during the 1st quarter. MRWM Advisors LLC now owns 12,666 shares of the company’s stock valued at $487,000 after purchasing an additional 608 shares in the last quarter. Finally, AA Financial Advisors LLC boosted its position in shares of Capital Group Core Equity ETF by 26.4% during the 1st quarter. AA Financial Advisors LLC now owns 536,231 shares of the company’s stock valued at $20,602,000 after purchasing an additional 111,851 shares in the last quarter.

Capital Group Core Equity ETF Price Performance

NYSEARCA CGUS opened at $44.31 on Tuesday. The business has a 50 day simple moving average of $43.38 and a 200 day simple moving average of $41.36. Capital Group Core Equity ETF has a one year low of $36.76 and a one year high of $44.60. The stock has a market capitalization of $10.64 billion, a P/E ratio of 26.31 and a beta of 0.94.

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.