Capital Group Core Equity ETF $CGUS Holdings Boosted by Summit Investment Advisory Services LLC

Summit Investment Advisory Services LLC raised its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 4.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 734,676 shares of the company’s stock after purchasing an additional 30,892 shares during the period. Capital Group Core Equity ETF accounts for 11.2% of Summit Investment Advisory Services LLC’s holdings, making the stock its 3rd biggest position. Summit Investment Advisory Services LLC owned about 0.33% of Capital Group Core Equity ETF worth $29,556,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Nwam LLC lifted its holdings in Capital Group Core Equity ETF by 5.1% during the fourth quarter. Nwam LLC now owns 13,694 shares of the company’s stock valued at $562,000 after purchasing an additional 669 shares in the last quarter. Advisor OS LLC lifted its holdings in Capital Group Core Equity ETF by 13.1% during the fourth quarter. Advisor OS LLC now owns 27,830 shares of the company’s stock valued at $1,120,000 after purchasing an additional 3,222 shares in the last quarter. Koshinski Asset Management Inc. lifted its holdings in Capital Group Core Equity ETF by 23.4% during the fourth quarter. Koshinski Asset Management Inc. now owns 87,003 shares of the company’s stock valued at $3,500,000 after purchasing an additional 16,481 shares in the last quarter. Entruity Wealth LLC lifted its stake in shares of Capital Group Core Equity ETF by 0.8% in the fourth quarter. Entruity Wealth LLC now owns 330,914 shares of the company’s stock worth $13,313,000 after buying an additional 2,711 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its stake in shares of Capital Group Core Equity ETF by 29.3% in the fourth quarter. International Assets Investment Management LLC now owns 20,608 shares of the company’s stock worth $829,000 after buying an additional 4,675 shares in the last quarter.

Capital Group Core Equity ETF Stock Performance

NYSEARCA:CGUS opened at $43.14 on Monday. The company’s 50-day moving average price is $40.39 and its 200-day moving average price is $40.37. The company has a market cap of $10.36 billion, a P/E ratio of 26.31 and a beta of 0.94. Capital Group Core Equity ETF has a twelve month low of $33.43 and a twelve month high of $43.35.

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.