Capital Group Core Equity ETF (NYSEARCA:CGUS – Get Free Report) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 324,047 shares, a decrease of 78.7% from the June 15th total of 1,523,677 shares. Based on an average daily trading volume, of 1,008,596 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.
Institutional Trading of Capital Group Core Equity ETF
Several hedge funds have recently made changes to their positions in the company. Pflug Koory LLC acquired a new position in shares of Capital Group Core Equity ETF during the 4th quarter worth $25,000. First Horizon Corp acquired a new stake in shares of Capital Group Core Equity ETF in the fourth quarter valued at about $32,000. CoreCap Advisors LLC boosted its holdings in Capital Group Core Equity ETF by 41.0% during the fourth quarter. CoreCap Advisors LLC now owns 1,101 shares of the company’s stock worth $44,000 after buying an additional 320 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Capital Group Core Equity ETF by 460.7% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,368 shares of the company’s stock worth $55,000 after buying an additional 1,124 shares in the last quarter. Finally, Bayban acquired a new position in Capital Group Core Equity ETF during the first quarter worth about $61,000.
Capital Group Core Equity ETF Stock Up 0.4%
NYSEARCA:CGUS traded up $0.20 during mid-day trading on Friday, reaching $44.79. 963,578 shares of the stock were exchanged, compared to its average volume of 1,148,540. The company has a 50 day simple moving average of $43.79 and a 200-day simple moving average of $41.62. Capital Group Core Equity ETF has a 1 year low of $37.18 and a 1 year high of $44.84. The stock has a market capitalization of $11.21 billion, a P/E ratio of 26.31 and a beta of 0.93.
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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