Capital Group Core Equity ETF (NYSEARCA:CGUS – Get Free Report) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 616,384 shares, a growth of 90.2% from the June 30th total of 324,047 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 959,469 shares, the days-to-cover ratio is currently 0.6 days.
Capital Group Core Equity ETF Price Performance
Shares of CGUS stock opened at $43.29 on Thursday. The stock has a market cap of $11.06 billion, a P/E ratio of 26.31 and a beta of 0.93. Capital Group Core Equity ETF has a one year low of $37.19 and a one year high of $44.84. The stock has a fifty day moving average price of $44.02 and a 200 day moving average price of $41.95.
Hedge Funds Weigh In On Capital Group Core Equity ETF
A number of hedge funds have recently made changes to their positions in the business. Pflug Koory LLC bought a new position in shares of Capital Group Core Equity ETF during the 4th quarter worth about $25,000. First Horizon Corp acquired a new stake in shares of Capital Group Core Equity ETF during the 4th quarter valued at about $32,000. CoreCap Advisors LLC increased its stake in Capital Group Core Equity ETF by 41.0% in the fourth quarter. CoreCap Advisors LLC now owns 1,101 shares of the company’s stock valued at $44,000 after acquiring an additional 320 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its stake in Capital Group Core Equity ETF by 460.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,368 shares of the company’s stock valued at $55,000 after acquiring an additional 1,124 shares during the period. Finally, Bayban acquired a new position in Capital Group Core Equity ETF in the first quarter worth about $61,000.
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.
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