Cannon Wealth Management Services LLC Has $7.17 Million Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Cannon Wealth Management Services LLC boosted its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 50.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 198,304 shares of the company’s stock after buying an additional 66,852 shares during the quarter. Capital Group Core Equity ETF makes up about 6.2% of Cannon Wealth Management Services LLC’s investment portfolio, making the stock its 3rd largest holding. Cannon Wealth Management Services LLC owned approximately 0.24% of Capital Group Core Equity ETF worth $7,171,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in CGUS. Stonebridge Financial Group LLC bought a new position in shares of Capital Group Core Equity ETF in the fourth quarter worth approximately $41,000. Geneos Wealth Management Inc. boosted its position in shares of Capital Group Core Equity ETF by 111.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 2,173 shares of the company’s stock worth $76,000 after purchasing an additional 1,143 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Capital Group Core Equity ETF by 944.1% in the third quarter. JPMorgan Chase & Co. now owns 2,934 shares of the company’s stock worth $101,000 after purchasing an additional 2,653 shares during the period. ORG Partners LLC bought a new position in shares of Capital Group Core Equity ETF in the fourth quarter worth approximately $105,000. Finally, Private Client Services LLC bought a new position in shares of Capital Group Core Equity ETF in the fourth quarter worth approximately $200,000.

Capital Group Core Equity ETF Price Performance

CGUS opened at $35.51 on Monday. The firm has a market cap of $2.93 billion, a P/E ratio of 26.52 and a beta of 0.96. Capital Group Core Equity ETF has a 1-year low of $29.63 and a 1-year high of $36.75. The company has a 50 day simple moving average of $35.75 and a two-hundred day simple moving average of $34.81.

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.