Capital Group Core Equity ETF (NYSEARCA:CGUS) Sets New 12-Month High at $33.62

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

Capital Group Core Equity ETF Stock Performance

The firm has a market capitalization of $2.78 billion, a price-to-earnings ratio of 26.52 and a beta of 0.96. The firm has a fifty day moving average price of $32.73 and a 200 day moving average price of $31.54.

Institutional Investors Weigh In On Capital Group Core Equity ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. increased its holdings in Capital Group Core Equity ETF by 28.6% in the second 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 Capital Group Core Equity ETF by 21.9% during the second quarter. LPL Financial LLC now owns 4,913,710 shares of the company’s stock worth $158,467,000 after purchasing an additional 883,726 shares during the last quarter. Capital Group Private Client Services Inc. raised its holdings in Capital Group Core Equity ETF by 3.2% during the first quarter. Capital Group Private Client Services Inc. now owns 3,316,695 shares of the company’s stock worth $103,348,000 after purchasing an additional 103,049 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Capital Group Core Equity ETF by 12.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,474,494 shares of the company’s stock worth $79,803,000 after purchasing an additional 270,168 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in Capital Group Core Equity ETF by 7.1% in the second quarter. Cetera Investment Advisers now owns 2,339,083 shares of the company’s stock valued at $75,435,000 after purchasing an additional 155,260 shares during 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.