Yes, in part. . . but have you read his Red Book? Aeon or Answer to Job. . . or even his auto-biography?
He certainly writes on archetypes having their basis in instincts & evolution but he got his start psychoanalyzing paranormal events. It's the first paper he ever wrote.
He writes in his biography that one of the straws in his break with Freud is that Freud refused to believe his accounts of strange synchronistic noises in his house that he associated with the psyche.
He talks about people experiencing the death of their sons half the world away, dreams that foretell the future & God seeking to understand itself through humanity.
Watering Jung down into something palatable to materialists does his work a disservice. . . though it parallels his own confessed fears of being dismissed as a mystic.