Capital Group Core Equity ETF (NYSEARCA:CGUS) Sets New 52-Week High at $32.60

Capital Group Core Equity ETF (NYSEARCA:CGUS)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $32.60 and last traded at $32.56, with a volume of 138142 shares trading hands. The stock had previously closed at $32.50.

Capital Group Core Equity ETF Trading Up 0.4 %

The company has a 50 day moving average of $31.52 and a 200-day moving average of $30.31. The firm has a market capitalization of $2.70 billion, a P/E ratio of 26.52 and a beta of 0.96.

Institutional Investors Weigh In On Capital Group Core Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC increased its stake in Capital Group Core Equity ETF by 19.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 26,464 shares of the company’s stock worth $795,000 after acquiring an additional 4,307 shares during the period. Cetera Advisors LLC grew its holdings in shares of Capital Group Core Equity ETF by 32.8% during the 1st quarter. Cetera Advisors LLC now owns 1,158,593 shares of the company’s stock worth $36,102,000 after purchasing an additional 286,273 shares in the last quarter. Cetera Investment Advisers increased its position in shares of Capital Group Core Equity ETF by 196.8% in the first quarter. Cetera Investment Advisers now owns 2,183,823 shares of the company’s stock worth $68,048,000 after purchasing an additional 1,448,154 shares during the period. Independent Wealth Network Inc. acquired a new position in Capital Group Core Equity ETF in the first quarter valued at about $370,000. Finally, Comerica Bank lifted its position in Capital Group Core Equity ETF by 83.3% during the first quarter. Comerica Bank now owns 1,100 shares of the company’s stock worth $34,000 after purchasing an additional 500 shares during the period.

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.