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

Capital Group Core Equity ETF (NYSEARCA:CGUS) was the target of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 413,936 shares, a drop of 39.5% from the January 15th total of 684,668 shares. Based on an average daily trading volume, of 1,177,916 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 1,177,916 shares, the short-interest ratio is currently 0.4 days.

Capital Group Core Equity ETF Stock Performance

Shares of NYSEARCA CGUS traded down $0.01 during trading on Friday, reaching $40.40. The stock had a trading volume of 1,275,022 shares, compared to its average volume of 1,120,671. The company has a market cap of $8.67 billion, a P/E ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a fifty-two week low of $28.95 and a fifty-two week high of $41.38. The business’s 50-day moving average price is $40.61 and its 200-day moving average price is $39.75.

Capital Group Core Equity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were paid a dividend of $0.1055 per share. This represents a $0.42 dividend on an annualized basis and a yield of 1.0%. This is a boost from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09. The ex-dividend date was Friday, December 26th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Capital International Investors lifted its holdings in Capital Group Core Equity ETF by 17,866.5% during the 3rd quarter. Capital International Investors now owns 5,978,364 shares of the company’s stock worth $236,385,000 after buying an additional 5,945,089 shares in the last quarter. LPL Financial LLC increased its position in shares of Capital Group Core Equity ETF by 19.2% during the fourth quarter. LPL Financial LLC now owns 23,734,177 shares of the company’s stock worth $954,826,000 after acquiring an additional 3,824,999 shares during the period. Merit Financial Group LLC raised its stake in shares of Capital Group Core Equity ETF by 1,624.4% in the third quarter. Merit Financial Group LLC now owns 2,107,661 shares of the company’s stock valued at $83,337,000 after acquiring an additional 1,985,435 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in Capital Group Core Equity ETF by 24.0% in the third quarter. Raymond James Financial Inc. now owns 7,028,681 shares of the company’s stock valued at $277,914,000 after purchasing an additional 1,360,335 shares during the period. Finally, Wells Fargo & Company MN grew its stake in Capital Group Core Equity ETF by 32.7% during the 4th quarter. Wells Fargo & Company MN now owns 5,278,226 shares of the company’s stock worth $212,343,000 after purchasing an additional 1,301,252 shares in 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.