Capital Group Core Equity ETF (NYSEARCA:CGUS) Sets New 1-Year High at $33.62

Capital Group Core Equity ETF (NYSEARCA:CGUS) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $33.62 and last traded at $33.61, with a volume of 138720 shares changing hands. The stock had previously closed at $33.35.

Capital Group Core Equity ETF Stock Up 0.2 %

The business’s 50-day simple moving average is $32.68 and its two-hundred day simple moving average is $31.50. The firm has a market capitalization of $2.76 billion, a price-to-earnings ratio of 26.52 and a beta of 0.96.

Institutional Trading of Capital Group Core Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of CGUS. Comerica Bank grew its stake in Capital Group Core Equity ETF by 83.3% during the 1st quarter. Comerica Bank now owns 1,100 shares of the company’s stock worth $34,000 after purchasing an additional 500 shares in the last quarter. Clear Investment Research LLC purchased a new stake in shares of Capital Group Core Equity ETF during the first quarter worth approximately $55,000. Mather Group LLC. purchased a new position in Capital Group Core Equity ETF in the first quarter worth approximately $81,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Capital Group Core Equity ETF during the 2nd quarter worth approximately $89,000. Finally, Crewe Advisors LLC purchased a new stake in shares of Capital Group Core Equity ETF in the 1st quarter valued at approximately $118,000.

About Capital Group Core Equity ETF

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.