Capital Group Core Equity ETF (NYSEARCA:CGUS) Short Interest Down 39.5% in January

Capital Group Core Equity ETF (NYSEARCA:CGUS) saw 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. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 1,177,916 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 1,177,916 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are short sold.

Capital Group Core Equity ETF Price Performance

CGUS traded down $0.01 during trading on Friday, reaching $40.40. The company had a trading volume of 1,275,012 shares, compared to its average volume of 1,120,670. The company has a market cap of $8.67 billion, a P/E ratio of 26.31 and a beta of 0.92. The business’s fifty day moving average price is $40.61 and its 200 day moving average price is $39.73. Capital Group Core Equity ETF has a 12 month low of $28.95 and a 12 month high of $41.38.

Capital Group Core Equity ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were issued a $0.1055 dividend. This represents a $0.42 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, December 26th. This is a boost from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09.

Institutional Investors Weigh In On Capital Group Core Equity ETF

Several hedge funds have recently modified their holdings of CGUS. Stifel Financial Corp grew its holdings in Capital Group Core Equity ETF by 9.8% during the 4th quarter. Stifel Financial Corp now owns 1,068,766 shares of the company’s stock worth $42,997,000 after acquiring an additional 95,687 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of Capital Group Core Equity ETF by 8.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 210,628 shares of the company’s stock worth $8,533,000 after purchasing an additional 15,513 shares in the last quarter. Advyzon Investment Management LLC grew its holdings in Capital Group Core Equity ETF by 135.2% during the 4th quarter. Advyzon Investment Management LLC now owns 79,117 shares of the company’s stock valued at $3,183,000 after buying an additional 45,478 shares in the last quarter. Morgan Stanley increased its holdings in shares of Capital Group Core Equity ETF by 9.7% in the fourth quarter. Morgan Stanley now owns 6,715,499 shares of the company’s stock worth $270,165,000 after purchasing an additional 592,642 shares during the period. Finally, Integrated Wealth Concepts LLC raised its position in shares of Capital Group Core Equity ETF by 8.8% in the fourth quarter. Integrated Wealth Concepts LLC now owns 161,389 shares of the company’s stock worth $6,493,000 after buying an additional 12,999 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.