Apollon Wealth Management LLC Boosts Stake in Capital Group Core Equity ETF $CGUS

Apollon Wealth Management LLC raised its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 12.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 226,482 shares of the company’s stock after acquiring an additional 24,594 shares during the period. Apollon Wealth Management LLC owned approximately 0.11% of Capital Group Core Equity ETF worth $9,111,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of CGUS. AQR Capital Management LLC bought a new stake in Capital Group Core Equity ETF in the first quarter valued at about $527,000. Focus Partners Wealth raised its stake in Capital Group Core Equity ETF by 314.0% during the first quarter. Focus Partners Wealth now owns 9,484 shares of the company’s stock valued at $317,000 after buying an additional 7,193 shares in the last quarter. Sei Investments Co. raised its stake in Capital Group Core Equity ETF by 33.8% during the second quarter. Sei Investments Co. now owns 1,338,685 shares of the company’s stock valued at $49,438,000 after buying an additional 338,456 shares in the last quarter. HUB Investment Partners LLC raised its stake in Capital Group Core Equity ETF by 7.2% during the second quarter. HUB Investment Partners LLC now owns 750,208 shares of the company’s stock valued at $27,705,000 after buying an additional 50,583 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in Capital Group Core Equity ETF by 8.6% during the second quarter. Raymond James Financial Inc. now owns 5,668,346 shares of the company’s stock valued at $209,332,000 after buying an additional 450,094 shares in the last quarter.

Capital Group Core Equity ETF Stock Up 0.2%

Shares of NYSEARCA CGUS opened at $40.60 on Friday. The stock’s 50 day moving average price is $39.89 and its two-hundred day moving average price is $40.05. Capital Group Core Equity ETF has a 52-week low of $30.40 and a 52-week high of $41.38. The stock has a market capitalization of $9.27 billion, a P/E ratio of 26.31 and a beta of 0.93.

About Capital Group Core Equity ETF

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.