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

Capital Group Core Equity ETF (NYSEARCA:CGUS) was the target of a large increase in short interest during 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. Based on an average daily trading volume, of 884,661 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On Capital Group Core Equity ETF

A number of hedge funds have recently made changes to their positions in the stock. LPL Financial LLC increased its position in Capital Group Core Equity ETF by 19.2% during the 4th quarter. LPL Financial LLC now owns 23,734,177 shares of the company’s stock worth $954,826,000 after purchasing an additional 3,824,999 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of Capital Group Core Equity ETF by 4.0% during the fourth quarter. Raymond James Financial Inc. now owns 7,308,251 shares of the company’s stock worth $294,011,000 after buying an additional 279,570 shares during the last quarter. Morgan Stanley grew its stake in shares of Capital Group Core Equity ETF by 9.7% during the fourth quarter. Morgan Stanley now owns 6,715,499 shares of the company’s stock worth $270,165,000 after buying an additional 592,642 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of Capital Group Core Equity ETF by 6.3% during the first quarter. Cetera Investment Advisers now owns 6,314,257 shares of the company’s stock worth $242,594,000 after buying an additional 373,840 shares in the last quarter. Finally, Capital International Investors increased its holdings in shares of Capital Group Core Equity ETF by 1.1% during the fourth quarter. Capital International Investors now owns 6,046,805 shares of the company’s stock worth $243,263,000 after buying an additional 68,441 shares in the last quarter.

Capital Group Core Equity ETF Stock Up 0.1%

NYSEARCA:CGUS opened at $44.76 on Wednesday. Capital Group Core Equity ETF has a twelve month low of $37.19 and a twelve month high of $46.80. The stock’s 50-day simple moving average is $44.80 and its 200 day simple moving average is $42.73. The firm has a market capitalization of $11.47 billion, a PE ratio of 26.31 and a beta of 0.93.

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.