Capital Group Core Equity ETF (NYSEARCA:CGUS – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 1,343,013 shares, an increase of 418.1% from the September 15th total of 259,231 shares. Based on an average daily volume of 884,688 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.5% of the shares of the company are short sold.
Institutional Trading of Capital Group Core Equity ETF
Several hedge funds have recently made changes to their positions in the company. Cetera Investment Advisers increased its holdings in Capital Group Core Equity ETF by 6.3% during the 1st quarter. Cetera Investment Advisers now owns 6,314,257 shares of the company’s stock valued at $242,594,000 after acquiring an additional 373,840 shares in the last quarter. MML Investors Services LLC raised its position in Capital Group Core Equity ETF by 8.8% during the fourth quarter. MML Investors Services LLC now owns 3,443,111 shares of the company’s stock worth $138,516,000 after acquiring an additional 277,222 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of Capital Group Core Equity ETF by 11.2% in the first quarter. Royal Bank of Canada now owns 2,510,189 shares of the company’s stock valued at $96,442,000 after purchasing an additional 251,825 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of Capital Group Core Equity ETF by 16.8% in the first quarter. Sei Investments Co. now owns 2,346,850 shares of the company’s stock valued at $90,166,000 after purchasing an additional 336,992 shares in the last quarter. Finally, Private Advisor Group LLC lifted its holdings in shares of Capital Group Core Equity ETF by 5.8% in the first quarter. Private Advisor Group LLC now owns 2,116,973 shares of the company’s stock valued at $81,334,000 after purchasing an additional 115,820 shares in the last quarter.
Capital Group Core Equity ETF Stock Down 0.1%
NYSEARCA:CGUS traded down $0.03 during midday trading on Monday, reaching $45.38. The stock had a trading volume of 318,742 shares, compared to its average volume of 1,129,230. The firm has a fifty day simple moving average of $45.15 and a two-hundred day simple moving average of $43.65. Capital Group Core Equity ETF has a 12-month low of $37.19 and a 12-month high of $46.80. The stock has a market cap of $12.23 billion, a P/E ratio of 26.31 and a beta of 0.93.
Capital Group Core Equity ETF Increases Dividend
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.
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