Capital Group Core Equity ETF (NYSEARCA:CGUS) Hits New 12-Month High – Here’s What Happened

Capital Group Core Equity ETF (NYSEARCA:CGUSGet Free Report)’s share price hit a new 52-week high on Monday . The company traded as high as $44.60 and last traded at $44.56, with a volume of 474993 shares trading hands. The stock had previously closed at $43.71.

Capital Group Core Equity ETF Stock Performance

The stock’s 50 day simple moving average is $42.56 and its two-hundred day simple moving average is $41.06. The firm has a market capitalization of $10.69 billion, a PE ratio of 26.31 and a beta of 0.94.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of CGUS. AQR Capital Management LLC purchased a new position in Capital Group Core Equity ETF in the 1st quarter worth approximately $527,000. Focus Partners Wealth lifted its stake in Capital Group Core Equity ETF by 314.0% in the 1st quarter. Focus Partners Wealth now owns 9,484 shares of the company’s stock worth $317,000 after purchasing an additional 7,193 shares in the last quarter. Sei Investments Co. lifted its stake in Capital Group Core Equity ETF by 33.8% in the 2nd quarter. Sei Investments Co. now owns 1,338,685 shares of the company’s stock worth $49,438,000 after purchasing an additional 338,456 shares in the last quarter. Raymond James Financial Inc. lifted its stake in Capital Group Core Equity ETF by 8.6% in the 2nd quarter. Raymond James Financial Inc. now owns 5,668,346 shares of the company’s stock worth $209,332,000 after purchasing an additional 450,094 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in Capital Group Core Equity ETF by 11.6% in the 2nd quarter. Jane Street Group LLC now owns 160,000 shares of the company’s stock worth $5,909,000 after purchasing an additional 16,646 shares in the last quarter.

About Capital Group Core Equity ETF

(Get Free Report)

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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