Capital Group Core Equity ETF $CGUS Shares Purchased by Summit Investment Advisory Services LLC

Summit Investment Advisory Services LLC increased its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 4.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 734,676 shares of the company’s stock after acquiring an additional 30,892 shares during the quarter. Capital Group Core Equity ETF makes up 11.2% of Summit Investment Advisory Services LLC’s portfolio, making the stock its 3rd biggest holding. Summit Investment Advisory Services LLC’s holdings in Capital Group Core Equity ETF were worth $29,556,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its position in Capital Group Core Equity ETF by 7.8% during the third quarter. Envestnet Asset Management Inc. now owns 11,137,498 shares of the company’s stock worth $440,377,000 after purchasing an additional 810,149 shares during the last quarter. Raymond James Financial Inc. increased its position in Capital Group Core Equity ETF by 24.0% during the third quarter. Raymond James Financial Inc. now owns 7,028,681 shares of the company’s stock worth $277,914,000 after purchasing an additional 1,360,335 shares during the last quarter. Capital International Investors increased its position in Capital Group Core Equity ETF by 17,866.5% during the third quarter. Capital International Investors now owns 5,978,364 shares of the company’s stock worth $236,385,000 after purchasing an additional 5,945,089 shares during the last quarter. Jones Financial Companies Lllp increased its position in Capital Group Core Equity ETF by 24.8% during the third quarter. Jones Financial Companies Lllp now owns 4,799,841 shares of the company’s stock worth $188,737,000 after purchasing an additional 954,616 shares during the last quarter. Finally, Capital Group Private Client Services Inc. increased its position in Capital Group Core Equity ETF by 3.2% during the third quarter. Capital Group Private Client Services Inc. now owns 4,555,109 shares of the company’s stock worth $180,109,000 after purchasing an additional 142,694 shares during the last quarter.

Capital Group Core Equity ETF Stock Performance

Capital Group Core Equity ETF stock opened at $43.14 on Monday. Capital Group Core Equity ETF has a 12-month low of $33.43 and a 12-month high of $43.35. The stock has a market cap of $10.36 billion, a P/E ratio of 26.31 and a beta of 0.94. The company has a 50-day moving average price of $40.39 and a 200 day moving average price of $40.37.

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.