Summit Investment Advisory Services LLC Has $22.07 Million Stock Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Summit Investment Advisory Services LLC increased its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 4.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 630,967 shares of the company’s stock after purchasing an additional 27,498 shares during the period. Capital Group Core Equity ETF accounts for 11.4% of Summit Investment Advisory Services LLC’s investment portfolio, making the stock its 4th largest holding. Summit Investment Advisory Services LLC’s holdings in Capital Group Core Equity ETF were worth $22,065,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC increased its holdings in shares of Capital Group Core Equity ETF by 35.7% during the 3rd quarter. LPL Financial LLC now owns 6,668,760 shares of the company’s stock worth $228,605,000 after acquiring an additional 1,755,050 shares during the last quarter. Raymond James & Associates grew its stake in Capital Group Core Equity ETF by 18.2% in the 3rd quarter. Raymond James & Associates now owns 2,611,991 shares of the company’s stock valued at $89,539,000 after buying an additional 401,507 shares during the last quarter. Private Advisor Group LLC raised its holdings in Capital Group Core Equity ETF by 72.7% in the 3rd quarter. Private Advisor Group LLC now owns 841,503 shares of the company’s stock valued at $28,865,000 after acquiring an additional 354,334 shares during the period. Janney Montgomery Scott LLC acquired a new stake in Capital Group Core Equity ETF during the third quarter worth approximately $12,089,000. Finally, Captrust Financial Advisors boosted its holdings in shares of Capital Group Core Equity ETF by 24.8% during the third quarter. Captrust Financial Advisors now owns 1,532,985 shares of the company’s stock worth $52,551,000 after acquiring an additional 305,067 shares during the period.

Capital Group Core Equity ETF Trading Up 0.1 %

Shares of NYSEARCA CGUS opened at $36.30 on Friday. The firm has a market cap of $3.00 billion, a P/E ratio of 26.52 and a beta of 0.96. The business’s 50 day moving average is $35.44 and its 200-day moving average is $34.28. Capital Group Core Equity ETF has a 1-year low of $28.70 and a 1-year high of $36.38.

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.