Cornerstone Wealth Advisors Inc. Purchases New Holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Cornerstone Wealth Advisors Inc. purchased a new stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 9,013 shares of the company’s stock, valued at approximately $315,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Moloney Securities Asset Management LLC increased its position in Capital Group Core Equity ETF by 2.2% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 19,318 shares of the company’s stock worth $662,000 after purchasing an additional 407 shares during the period. Meridian Wealth Management LLC increased its position in Capital Group Core Equity ETF by 1.2% during the 3rd quarter. Meridian Wealth Management LLC now owns 35,099 shares of the company’s stock worth $1,203,000 after purchasing an additional 429 shares during the period. Latitude Advisors LLC grew its holdings in shares of Capital Group Core Equity ETF by 1.5% in the 3rd quarter. Latitude Advisors LLC now owns 30,619 shares of the company’s stock worth $1,050,000 after acquiring an additional 444 shares during the period. Oppenheimer & Co. Inc. grew its holdings in shares of Capital Group Core Equity ETF by 5.0% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 10,425 shares of the company’s stock worth $357,000 after acquiring an additional 500 shares during the period. Finally, Cornerstone Wealth Management LLC grew its holdings in shares of Capital Group Core Equity ETF by 4.8% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 10,968 shares of the company’s stock worth $376,000 after acquiring an additional 501 shares during the period.

Capital Group Core Equity ETF Price Performance

CGUS opened at $36.30 on Friday. The stock has a market cap of $3.00 billion, a P/E ratio of 26.52 and a beta of 0.96. The stock’s 50 day simple moving average is $35.44 and its 200 day simple moving average is $34.27. Capital Group Core Equity ETF has a 1-year low of $28.70 and a 1-year high of $36.38.

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.