Capital Group Core Equity ETF (NYSEARCA:CGUS) Reaches New 52-Week High at $33.51

Capital Group Core Equity ETF (NYSEARCA:CGUS) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $33.51 and last traded at $33.43, with a volume of 127066 shares changing hands. The stock had previously closed at $33.32.

Capital Group Core Equity ETF Stock Performance

The stock has a market cap of $2.76 billion, a P/E ratio of 26.52 and a beta of 0.96. The stock has a 50-day moving average price of $32.54 and a 200-day moving average price of $31.35.

Hedge Funds Weigh In On Capital Group Core Equity ETF

A number of large investors have recently modified their holdings of the company. Envestnet Asset Management Inc. raised its holdings in shares of Capital Group Core Equity ETF by 28.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,892,224 shares of the company’s stock valued at $190,024,000 after buying an additional 1,311,729 shares in the last quarter. LPL Financial LLC raised its holdings in shares of Capital Group Core Equity ETF by 21.9% during the 2nd quarter. LPL Financial LLC now owns 4,913,710 shares of the company’s stock valued at $158,467,000 after buying an additional 883,726 shares in the last quarter. Capital Group Private Client Services Inc. raised its holdings in shares of Capital Group Core Equity ETF by 3.2% during the 1st quarter. Capital Group Private Client Services Inc. now owns 3,316,695 shares of the company’s stock valued at $103,348,000 after buying an additional 103,049 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Capital Group Core Equity ETF by 12.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,474,494 shares of the company’s stock valued at $79,803,000 after buying an additional 270,168 shares in the last quarter. Finally, Raymond James & Associates raised its holdings in shares of Capital Group Core Equity ETF by 43.5% during the 2nd quarter. Raymond James & Associates now owns 2,210,484 shares of the company’s stock valued at $71,288,000 after buying an additional 670,052 shares in 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.