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

Capital Group Core Equity ETF (NYSEARCA:CGUS) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 317,984 shares, a decrease of 48.4% from the July 15th total of 616,384 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 1,204,296 shares, the short-interest ratio is presently 0.3 days.

Capital Group Core Equity ETF Price Performance

Shares of NYSEARCA:CGUS traded down $0.42 during trading on Tuesday, reaching $45.37. 975,302 shares of the company were exchanged, compared to its average volume of 1,129,245. The business’s fifty day simple moving average is $44.51 and its 200-day simple moving average is $42.40. Capital Group Core Equity ETF has a 12-month low of $37.19 and a 12-month high of $46.80. The firm has a market capitalization of $11.63 billion, a PE ratio of 26.31 and a beta of 0.93.

Hedge Funds Weigh In On Capital Group Core Equity ETF

Several institutional investors have recently made changes to their positions in CGUS. AQR Capital Management LLC bought a new position in Capital Group Core Equity ETF during the 1st quarter worth about $527,000. Focus Partners Wealth boosted its stake in shares of Capital Group Core Equity ETF by 314.0% during the first quarter. Focus Partners Wealth now owns 9,484 shares of the company’s stock valued at $317,000 after purchasing an additional 7,193 shares in the last quarter. Sei Investments Co. raised its stake in Capital Group Core Equity ETF by 33.8% in the second quarter. Sei Investments Co. now owns 1,338,685 shares of the company’s stock worth $49,438,000 after buying an additional 338,456 shares in the last quarter. Raymond James Financial Inc. raised its stake in Capital Group Core Equity ETF by 8.6% in the second quarter. Raymond James Financial Inc. now owns 5,668,346 shares of the company’s stock worth $209,332,000 after buying an additional 450,094 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in Capital Group Core Equity ETF by 11.6% during the 2nd quarter. Jane Street Group LLC now owns 160,000 shares of the company’s stock valued at $5,909,000 after acquiring an additional 16,646 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.