Summit Investment Advisory Services LLC Has $18.53 Million Stock Position in Capital Group Core Equity ETF $CGUS

Summit Investment Advisory Services LLC decreased its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 34.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 482,381 shares of the company’s stock after selling 252,295 shares during the quarter. Capital Group Core Equity ETF accounts for approximately 6.9% of Summit Investment Advisory Services LLC’s holdings, making the stock its 6th largest holding. Summit Investment Advisory Services LLC’s holdings in Capital Group Core Equity ETF were worth $18,533,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Pflug Koory LLC acquired a new position in shares of Capital Group Core Equity ETF during the fourth quarter worth about $25,000. First Horizon Corp bought a new position in shares of Capital Group Core Equity ETF during the fourth quarter worth about $32,000. CoreCap Advisors LLC raised its position in Capital Group Core Equity ETF by 41.0% in the 4th quarter. CoreCap Advisors LLC now owns 1,101 shares of the company’s stock valued at $44,000 after buying an additional 320 shares during the last quarter. Huntington National Bank acquired a new stake in Capital Group Core Equity ETF in the 3rd quarter valued at approximately $50,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in Capital Group Core Equity ETF by 460.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,368 shares of the company’s stock valued at $55,000 after acquiring an additional 1,124 shares in the last quarter.

Capital Group Core Equity ETF Stock Up 0.4%

NYSEARCA: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 business has a 50 day moving average price of $43.43 and a two-hundred day moving average price of $41.39. The company has a market cap of $10.68 billion, a P/E ratio of 26.31 and a beta of 0.94.

Capital Group Core Equity ETF Company 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.