Capital Group Core Equity ETF (NYSEARCA:CGUS) Hits New 12-Month High at $32.60

Capital Group Core Equity ETF (NYSEARCA:CGUS) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $32.60 and last traded at $32.56, with a volume of 138142 shares traded. The stock had previously closed at $32.50.

Capital Group Core Equity ETF Stock Performance

The company has a 50-day simple moving average of $31.62 and a 200-day simple moving average of $30.34. The company has a market cap of $2.70 billion, a price-to-earnings ratio of 26.52 and a beta of 0.96.

Hedge Funds Weigh In On Capital Group Core Equity ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in CGUS. Creative Financial Designs Inc. ADV increased its stake in Capital Group Core Equity ETF by 3,840.9% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 114,326 shares of the company’s stock valued at $3,235,000 after purchasing an additional 111,425 shares in the last quarter. UBS Group AG increased its stake in Capital Group Core Equity ETF by 37.7% in the 4th quarter. UBS Group AG now owns 378,769 shares of the company’s stock valued at $10,719,000 after purchasing an additional 103,795 shares in the last quarter. WealthCare Investment Partners LLC purchased a new position in Capital Group Core Equity ETF in the 4th quarter valued at approximately $1,006,000. Vantage Financial Partners Ltd. Inc. increased its stake in Capital Group Core Equity ETF by 120.9% in the 4th quarter. Vantage Financial Partners Ltd. Inc. now owns 346,377 shares of the company’s stock valued at $9,802,000 after purchasing an additional 189,573 shares in the last quarter. Finally, Signature Resources Capital Management LLC purchased a new position in Capital Group Core Equity ETF in the 4th quarter valued at approximately $296,000.

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.