Capital Group Core Equity ETF (NYSEARCA:CGUS) Sets New 52-Week High – Here’s What Happened

Capital Group Core Equity ETF (NYSEARCA:CGUS)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $42.45 and last traded at $42.43, with a volume of 491482 shares traded. The stock had previously closed at $42.24.

Capital Group Core Equity ETF Stock Up 0.8%

The business’s 50 day moving average is $40.22 and its 200-day moving average is $40.26. The firm has a market cap of $10.22 billion, a P/E ratio of 26.31 and a beta of 0.93.

Institutional Trading of Capital Group Core Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Kestra Advisory Services LLC increased its stake in shares of Capital Group Core Equity ETF by 12.9% in the first quarter. Kestra Advisory Services LLC now owns 1,029,931 shares of the company’s stock worth $39,570,000 after buying an additional 117,740 shares during the last quarter. CFS Investment Advisory Services LLC bought a new stake in shares of Capital Group Core Equity ETF in the first quarter worth $207,000. Richmond Investment Services LLC increased its stake in shares of Capital Group Core Equity ETF by 11.3% in the first quarter. Richmond Investment Services LLC now owns 39,427 shares of the company’s stock worth $1,515,000 after buying an additional 3,992 shares during the last quarter. Cvfg LLC increased its stake in shares of Capital Group Core Equity ETF by 14.0% in the first quarter. Cvfg LLC now owns 20,524 shares of the company’s stock worth $789,000 after buying an additional 2,517 shares during the last quarter. Finally, Integrated Advisors Network LLC increased its stake in shares of Capital Group Core Equity ETF by 97.4% in the first quarter. Integrated Advisors Network LLC now owns 13,735 shares of the company’s stock worth $528,000 after buying an additional 6,776 shares during the last quarter.

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.