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

Capital Group Core Equity ETF (NYSEARCA:CGUS) saw a large growth in short interest in December. As of December 15th, there was short interest totaling 533,237 shares, a growth of 346.2% from the November 30th total of 119,500 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 952,934 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 952,934 shares, the short-interest ratio is currently 0.6 days. Currently, 0.3% of the shares of the stock are short sold.

Capital Group Core Equity ETF Price Performance

Shares of Capital Group Core Equity ETF stock opened at $40.69 on Thursday. Capital Group Core Equity ETF has a 1-year low of $28.95 and a 1-year high of $40.80. The stock has a market cap of $7.85 billion, a P/E ratio of 26.31 and a beta of 0.92. The stock’s 50 day simple moving average is $39.97 and its 200-day simple moving average is $38.78.

Capital Group Core Equity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.0925 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.9%.

Institutional Trading of Capital Group Core Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Envestnet Asset Management Inc. increased its stake in Capital Group Core Equity ETF by 7.8% in the third quarter. Envestnet Asset Management Inc. now owns 11,137,498 shares of the company’s stock valued at $440,377,000 after purchasing an additional 810,149 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of Capital Group Core Equity ETF by 24.0% in the 3rd quarter. Raymond James Financial Inc. now owns 7,028,681 shares of the company’s stock valued at $277,914,000 after buying an additional 1,360,335 shares during the last quarter. Capital International Investors raised its stake 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 acquiring an additional 5,945,089 shares in the last quarter. Jones Financial Companies Lllp raised its stake in Capital Group Core Equity ETF by 176.1% during the 1st quarter. Jones Financial Companies Lllp now owns 4,833,131 shares of the company’s stock worth $169,514,000 after acquiring an additional 3,082,374 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in Capital Group Core Equity ETF by 25.6% in the second quarter. Cetera Investment Advisers now owns 4,826,699 shares of the company’s stock valued at $178,250,000 after acquiring an additional 983,350 shares during the last quarter.

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.