Capital Group Core Equity ETF (NYSEARCA:CGUS) Reaches New 52-Week Low – What’s Next?

Shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) hit a new 52-week low on Monday . The stock traded as low as $28.95 and last traded at $29.03, with a volume of 259326 shares. The stock had previously closed at $30.26.

Capital Group Core Equity ETF Stock Performance

The company’s fifty day moving average price is $34.86 and its two-hundred day moving average price is $34.98. The firm has a market capitalization of $4.40 billion, a PE ratio of 25.72 and a beta of 0.93.

Capital Group Core Equity ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 31st were issued a $0.0852 dividend. The ex-dividend date was Monday, March 31st.

Institutional Trading of Capital Group Core Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Hazlett Burt & Watson Inc. increased its stake in Capital Group Core Equity ETF by 48.1% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 1,000 shares of the company’s stock worth $34,000 after acquiring an additional 325 shares during the last quarter. Capital A Wealth Management LLC purchased a new stake in shares of Capital Group Core Equity ETF during the 4th quarter worth about $34,000. Stonebridge Financial Group LLC acquired a new stake in Capital Group Core Equity ETF during the 4th quarter worth approximately $41,000. Synergy Investment Management LLC purchased a new position in Capital Group Core Equity ETF in the fourth quarter valued at approximately $50,000. Finally, Geneos Wealth Management Inc. lifted its position in Capital Group Core Equity ETF by 111.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 2,173 shares of the company’s stock valued at $76,000 after buying an additional 1,143 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.