Capital Group Core Equity ETF (NYSEARCA:CGUS) Short Interest Update

Capital Group Core Equity ETF (NYSEARCA:CGUS) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 492,582 shares, an increase of 54.9% from the July 30th total of 317,984 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 884,661 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On Capital Group Core Equity ETF

A number of hedge funds have recently modified their holdings of the stock. Cim LLC lifted its position in shares of Capital Group Core Equity ETF by 2.3% during the 3rd quarter. Cim LLC now owns 11,444 shares of the company’s stock worth $452,000 after buying an additional 262 shares during the period. Arax Advisory Partners grew its position in Capital Group Core Equity ETF by 5.0% in the fourth quarter. Arax Advisory Partners now owns 5,919 shares of the company’s stock valued at $238,000 after acquiring an additional 283 shares during the period. Mascagni Wealth Management Inc. raised its stake in Capital Group Core Equity ETF by 4.1% during the first quarter. Mascagni Wealth Management Inc. now owns 7,931 shares of the company’s stock worth $305,000 after acquiring an additional 313 shares in the last quarter. CIBC Private Wealth Group LLC raised its stake in Capital Group Core Equity ETF by 7.2% during the fourth quarter. CIBC Private Wealth Group LLC now owns 5,336 shares of the company’s stock worth $215,000 after acquiring an additional 360 shares in the last quarter. Finally, RFG Advisory LLC lifted its holdings in shares of Capital Group Core Equity ETF by 0.9% during the fourth quarter. RFG Advisory LLC now owns 46,384 shares of the company’s stock valued at $1,866,000 after acquiring an additional 395 shares during the period.

Capital Group Core Equity ETF Trading Up 0.4%

NYSEARCA:CGUS opened at $44.91 on Thursday. The business’s fifty day moving average price is $44.83 and its 200 day moving average price is $42.77. The firm has a market capitalization of $11.51 billion, a price-to-earnings ratio of 26.31 and a beta of 0.93. Capital Group Core Equity ETF has a 1-year low of $37.19 and a 1-year high of $46.80.

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.