Capital Group Core Equity ETF (NYSEARCA:CGUS) Sees Large Volume Increase – Here’s What Happened

Capital Group Core Equity ETF (NYSEARCA:CGUS) shares saw an uptick in trading volume on Tuesday . 1,009,894 shares changed hands during trading, an increase of 23% from the previous session’s volume of 819,609 shares.The stock last traded at $32.29 and had previously closed at $32.18.

Capital Group Core Equity ETF Price Performance

The company has a market capitalization of $4.68 billion, a PE ratio of 25.72 and a beta of 0.93. The stock has a 50-day simple moving average of $34.07 and a 200 day simple moving average of $34.82.

Capital Group Core Equity ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 31st were paid a $0.0852 dividend. The ex-dividend date was Monday, March 31st.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Sanctuary Advisors LLC grew its holdings in shares of Capital Group Core Equity ETF by 62.7% during the third quarter. Sanctuary Advisors LLC now owns 20,348 shares of the company’s stock worth $713,000 after buying an additional 7,842 shares in the last quarter. World Investment Advisors LLC raised its holdings in 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 acquiring an additional 9,398 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Capital Group Core Equity ETF by 944.1% during the third quarter. JPMorgan Chase & Co. now owns 2,934 shares of the company’s stock worth $101,000 after buying an additional 2,653 shares during the period. Private Client Services LLC purchased a new stake in Capital Group Core Equity ETF in the fourth quarter valued at approximately $200,000. Finally, ORG Partners LLC acquired a new stake in shares of Capital Group Core Equity ETF during the 4th quarter worth $105,000.

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.