Summit Investment Advisory Services LLC trimmed its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS – Free Report) by 34.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 482,381 shares of the company’s stock after selling 252,295 shares during the period. Capital Group Core Equity ETF comprises about 6.9% of Summit Investment Advisory Services LLC’s investment portfolio, making the stock its 6th largest holding. Summit Investment Advisory Services LLC owned about 0.20% of Capital Group Core Equity ETF worth $18,533,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of CGUS. Pflug Koory LLC bought a new position in shares of Capital Group Core Equity ETF during the 4th quarter valued at about $25,000. First Horizon Corp bought a new stake in Capital Group Core Equity ETF during the 4th quarter worth approximately $32,000. CoreCap Advisors LLC increased its stake in Capital Group Core Equity ETF by 41.0% during the 4th quarter. CoreCap Advisors LLC now owns 1,101 shares of the company’s stock worth $44,000 after purchasing an additional 320 shares in the last quarter. Huntington National Bank acquired a new stake in Capital Group Core Equity ETF during the 3rd quarter worth approximately $50,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in Capital Group Core Equity ETF by 460.7% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,368 shares of the company’s stock worth $55,000 after buying an additional 1,124 shares during the period.
Capital Group Core Equity ETF Stock Performance
Shares of CGUS opened at $44.48 on Wednesday. Capital Group Core Equity ETF has a twelve month low of $36.76 and a twelve month high of $44.60. The firm’s 50 day moving average price is $43.43 and its two-hundred day moving average price is $41.39. The firm has a market cap of $10.68 billion, a P/E ratio of 26.31 and a beta of 0.94.
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.
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