Apollon Wealth Management LLC Has $11.35 Million Position in Capital Group Core Equity ETF $CGUS

Apollon Wealth Management LLC boosted its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 30.5% during the first quarter, Holdings Channel reports. The fund owned 295,487 shares of the company’s stock after purchasing an additional 69,005 shares during the period. Apollon Wealth Management LLC’s holdings in Capital Group Core Equity ETF were worth $11,353,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in CGUS. Capital International Investors boosted its position in Capital Group Core Equity ETF by 17,866.5% during the third quarter. Capital International Investors now owns 5,978,364 shares of the company’s stock worth $236,385,000 after purchasing an additional 5,945,089 shares during the period. LPL Financial LLC raised its position in shares of Capital Group Core Equity ETF by 19.2% in the fourth quarter. LPL Financial LLC now owns 23,734,177 shares of the company’s stock valued at $954,826,000 after purchasing an additional 3,824,999 shares during the period. Raymond James Financial Inc. raised its position in shares of Capital Group Core Equity ETF by 24.0% in the third quarter. Raymond James Financial Inc. now owns 7,028,681 shares of the company’s stock valued at $277,914,000 after purchasing an additional 1,360,335 shares during the period. Wells Fargo & Company MN raised its position in shares of Capital Group Core Equity ETF by 32.7% in the fourth quarter. Wells Fargo & Company MN now owns 5,278,226 shares of the company’s stock valued at $212,343,000 after purchasing an additional 1,301,252 shares during the period. Finally, Silver Oak Securities Incorporated acquired a new stake in shares of Capital Group Core Equity ETF during the 4th quarter worth about $34,761,000.

Capital Group Core Equity ETF Stock Performance

NYSEARCA CGUS opened at $43.49 on Monday. The stock has a market cap of $10.44 billion, a PE ratio of 26.31 and a beta of 0.94. The firm has a 50-day moving average of $43.33 and a 200-day moving average of $41.33. Capital Group Core Equity ETF has a 52-week low of $36.60 and a 52-week high of $44.60.

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.