Northwestern Mutual Wealth Management Co. Has $3.32 Million Stock Position in Capital Group Core Equity ETF $CGUS

Northwestern Mutual Wealth Management Co. lowered its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 98.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 82,436 shares of the company’s stock after selling 4,062,265 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Capital Group Core Equity ETF were worth $3,316,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Pflug Koory LLC acquired a new position in Capital Group Core Equity ETF in the fourth quarter valued at about $25,000. First Horizon Corp acquired a new position in Capital Group Core Equity ETF in the fourth quarter valued at about $32,000. CoreCap Advisors LLC raised its stake in Capital Group Core Equity ETF by 41.0% in the fourth quarter. CoreCap Advisors LLC now owns 1,101 shares of the company’s stock valued at $44,000 after purchasing an additional 320 shares in the last quarter. Huntington National Bank acquired a new position in Capital Group Core Equity ETF in the third quarter valued at about $50,000. Finally, Hazlett Burt & Watson Inc. raised its stake in 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 valued at $51,000 after purchasing an additional 285 shares in the last quarter.

Capital Group Core Equity ETF Price Performance

CGUS stock opened at $43.70 on Monday. The company has a market cap of $10.49 billion, a PE ratio of 26.31 and a beta of 0.94. The business has a 50-day simple moving average of $41.04 and a 200 day simple moving average of $40.63. Capital Group Core Equity ETF has a 52 week low of $34.15 and a 52 week high of $44.05.

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.