Capital Group Core Equity ETF (NYSEARCA:CGUS) Shares Purchased by Summit Investment Advisory Services LLC

Summit Investment Advisory Services LLC boosted its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 2.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 596,716 shares of the company’s stock after purchasing an additional 11,536 shares during the period. Capital Group Core Equity ETF comprises approximately 10.6% of Summit Investment Advisory Services LLC’s holdings, making the stock its 4th largest position. Summit Investment Advisory Services LLC’s holdings in Capital Group Core Equity ETF were worth $16,887,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in CGUS. Morgan Stanley acquired a new stake in Capital Group Core Equity ETF in the fourth quarter valued at about $29,000. Qube Research & Technologies Ltd purchased a new position in Capital Group Core Equity ETF in the third quarter valued at about $33,000. ICA Group Wealth Management LLC purchased a new position in Capital Group Core Equity ETF in the fourth quarter valued at about $53,000. Rockefeller Capital Management L.P. increased its holdings in Capital Group Core Equity ETF by 101.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 4,024 shares of the company’s stock valued at $90,000 after buying an additional 2,024 shares in the last quarter. Finally, Private Trust Co. NA increased its holdings in Capital Group Core Equity ETF by 15.4% in the third quarter. Private Trust Co. NA now owns 4,617 shares of the company’s stock valued at $116,000 after buying an additional 617 shares in the last quarter.

Capital Group Core Equity ETF Price Performance

Capital Group Core Equity ETF stock traded up $0.01 during mid-day trading on Friday, reaching $31.16. The company had a trading volume of 506,718 shares, compared to its average volume of 553,115. Capital Group Core Equity ETF has a 1 year low of $23.25 and a 1 year high of $31.38. The company has a market capitalization of $1.28 billion, a P/E ratio of 17.88 and a beta of 0.92. The stock’s 50-day simple moving average is $30.00 and its 200-day simple moving average is $27.73.

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.