Cannon Wealth Management Services LLC Has $7.61 Million Stock Holdings in Capital Group Core Equity ETF $CGUS

Cannon Wealth Management Services LLC cut its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 17.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 189,166 shares of the company’s stock after selling 40,331 shares during the quarter. Capital Group Core Equity ETF accounts for 5.4% of Cannon Wealth Management Services LLC’s holdings, making the stock its 4th biggest position. Cannon Wealth Management Services LLC owned 0.09% of Capital Group Core Equity ETF worth $7,610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Pinnacle Bancorp Inc. increased its stake in shares of Capital Group Core Equity ETF by 234.4% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 642 shares of the company’s stock valued at $25,000 after acquiring an additional 450 shares during the last quarter. Pflug Koory LLC bought a new stake in shares of Capital Group Core Equity ETF in the 4th quarter valued at about $25,000. First Horizon Corp bought a new stake in shares of Capital Group Core Equity ETF in the 4th quarter valued at about $32,000. CoreCap Advisors LLC increased its stake in shares of 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 acquiring an additional 320 shares during the last quarter. Finally, Huntington National Bank bought a new stake in shares of Capital Group Core Equity ETF in the 3rd quarter valued at about $50,000.

Capital Group Core Equity ETF Price Performance

Shares of CGUS stock opened at $42.10 on Monday. The stock has a market cap of $10.00 billion, a PE ratio of 26.31 and a beta of 0.93. The stock has a 50-day moving average of $39.98 and a 200-day moving average of $40.13. Capital Group Core Equity ETF has a one year low of $30.40 and a one year high of $42.23.

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.