Meridian Wealth Management LLC Boosts Stock Holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Meridian Wealth Management LLC increased its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 1.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 35,099 shares of the company’s stock after buying an additional 429 shares during the quarter. Meridian Wealth Management LLC’s holdings in Capital Group Core Equity ETF were worth $1,203,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CGUS. Mark Sheptoff Financial Planning LLC boosted its stake in shares of Capital Group Core Equity ETF by 5.4% during the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 6,469 shares of the company’s stock worth $209,000 after acquiring an additional 329 shares in the last quarter. Bill Few Associates Inc. grew its holdings in Capital Group Core Equity ETF by 2.2% in the second quarter. Bill Few Associates Inc. now owns 17,822 shares of the company’s stock valued at $575,000 after purchasing an additional 380 shares during the period. Moloney Securities Asset Management LLC increased its position in shares of Capital Group Core Equity ETF by 2.2% in the third quarter. Moloney Securities Asset Management LLC now owns 19,318 shares of the company’s stock valued at $662,000 after buying an additional 407 shares in the last quarter. Latitude Advisors LLC increased its position in shares of Capital Group Core Equity ETF by 1.5% in the third quarter. Latitude Advisors LLC now owns 30,619 shares of the company’s stock valued at $1,050,000 after buying an additional 444 shares in the last quarter. Finally, Comerica Bank raised its stake in shares of Capital Group Core Equity ETF by 83.3% during the 1st quarter. Comerica Bank now owns 1,100 shares of the company’s stock worth $34,000 after buying an additional 500 shares during the period.

Capital Group Core Equity ETF Stock Performance

Capital Group Core Equity ETF stock opened at $35.05 on Friday. The stock has a market capitalization of $2.90 billion, a P/E ratio of 26.52 and a beta of 0.96. The company’s fifty day moving average price is $34.56 and its 200 day moving average price is $33.15. Capital Group Core Equity ETF has a 1 year low of $26.75 and a 1 year high of $35.74.

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.