JPMorgan Chase & Co. Raises Holdings in Capital Group Core Equity ETF $CGUS

JPMorgan Chase & Co. boosted its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 1,201.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 286,661 shares of the company’s stock after purchasing an additional 264,636 shares during the quarter. JPMorgan Chase & Co. owned about 0.15% of Capital Group Core Equity ETF worth $11,309,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Pinnacle Bancorp Inc. boosted its stake in Capital Group Core Equity ETF by 234.4% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 642 shares of the company’s stock worth $25,000 after purchasing an additional 450 shares during the last quarter. Huntington National Bank purchased a new position in shares of Capital Group Core Equity ETF in the third quarter worth about $50,000. Hazlett Burt & Watson Inc. lifted its stake in shares of Capital Group Core Equity ETF by 28.5% in the third quarter. Hazlett Burt & Watson Inc. now owns 1,285 shares of the company’s stock worth $51,000 after buying an additional 285 shares in the last quarter. Financial Perspectives Inc lifted its stake in shares of Capital Group Core Equity ETF by 43.3% in the third quarter. Financial Perspectives Inc now owns 2,209 shares of the company’s stock worth $87,000 after buying an additional 668 shares in the last quarter. Finally, Ameriflex Group Inc. boosted its position in Capital Group Core Equity ETF by 434.7% during the third quarter. Ameriflex Group Inc. now owns 2,326 shares of the company’s stock worth $92,000 after acquiring an additional 1,891 shares during the last quarter.

Capital Group Core Equity ETF Trading Down 1.8%

Shares of NYSEARCA CGUS opened at $37.48 on Friday. The stock has a market cap of $8.04 billion, a PE ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a 12-month low of $28.95 and a 12-month high of $41.38. The company has a 50-day moving average of $40.25 and a 200 day moving average of $40.07.

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.