Capital Group Core Equity ETF (NYSEARCA:CGUS) Hits New 12-Month High – Should You Buy?

Capital Group Core Equity ETF (NYSEARCA:CGUS)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $35.97 and last traded at $35.96, with a volume of 56146 shares trading hands. The stock had previously closed at $35.73.

Capital Group Core Equity ETF Price Performance

The company has a market cap of $2.96 billion, a PE ratio of 26.52 and a beta of 0.96. The business’s 50 day moving average is $35.00 and its 200-day moving average is $33.55.

Institutional Trading of Capital Group Core Equity ETF

A number of institutional investors have recently bought and sold shares of the business. World Investment Advisors LLC grew its position in shares of Capital Group Core Equity ETF by 119.1% in the 3rd quarter. World Investment Advisors LLC now owns 17,291 shares of the company’s stock valued at $593,000 after buying an additional 9,398 shares during the last quarter. Sanctuary Advisors LLC grew its stake in Capital Group Core Equity ETF by 62.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 20,348 shares of the company’s stock worth $713,000 after buying an additional 7,842 shares during the last quarter. MML Investors Services LLC increased its position in Capital Group Core Equity ETF by 9.2% during the third quarter. MML Investors Services LLC now owns 1,684,062 shares of the company’s stock worth $57,730,000 after buying an additional 142,446 shares during the period. Jane Street Group LLC lifted its stake in Capital Group Core Equity ETF by 163.1% in the third quarter. Jane Street Group LLC now owns 251,534 shares of the company’s stock valued at $8,623,000 after buying an additional 155,930 shares during the last quarter. Finally, Integrated Wealth Concepts LLC boosted its holdings in shares of Capital Group Core Equity ETF by 28.3% in the third quarter. Integrated Wealth Concepts LLC now owns 17,887 shares of the company’s stock valued at $613,000 after acquiring an additional 3,949 shares during the period.

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.