Capital Group Conservative Equity ETF (NYSEARCA:CGCV) Short Interest Update

Capital Group Conservative Equity ETF (NYSEARCA:CGCV) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 48,918 shares, a decrease of 82.9% from the April 30th total of 285,558 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 256,899 shares, the days-to-cover ratio is currently 0.2 days.

Capital Group Conservative Equity ETF Stock Up 0.0%

Shares of NYSEARCA CGCV opened at $32.17 on Thursday. The stock has a market cap of $1.68 billion, a PE ratio of 23.69 and a beta of 0.69. Capital Group Conservative Equity ETF has a 52-week low of $27.40 and a 52-week high of $32.31. The business has a 50-day moving average price of $30.95 and a 200 day moving average price of $30.90.

Institutional Trading of Capital Group Conservative Equity ETF

A number of large investors have recently made changes to their positions in CGCV. Capital International Investors lifted its position in Capital Group Conservative Equity ETF by 0.7% during the 4th quarter. Capital International Investors now owns 9,928,478 shares of the company’s stock worth $302,719,000 after acquiring an additional 70,955 shares during the period. LPL Financial LLC lifted its position in Capital Group Conservative Equity ETF by 53.9% during the 4th quarter. LPL Financial LLC now owns 3,942,987 shares of the company’s stock worth $120,222,000 after acquiring an additional 1,380,934 shares during the period. Capital Group Private Client Services Inc. lifted its position in Capital Group Conservative Equity ETF by 13.8% during the 4th quarter. Capital Group Private Client Services Inc. now owns 3,732,528 shares of the company’s stock worth $113,805,000 after acquiring an additional 452,925 shares during the period. Raymond James Financial Inc. lifted its position in Capital Group Conservative Equity ETF by 36.7% during the 3rd quarter. Raymond James Financial Inc. now owns 1,909,889 shares of the company’s stock worth $57,507,000 after acquiring an additional 512,552 shares during the period. Finally, Envestnet Asset Management Inc. lifted its position in Capital Group Conservative Equity ETF by 178.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,581,240 shares of the company’s stock worth $47,611,000 after acquiring an additional 1,014,040 shares during the period.

About Capital Group Conservative Equity ETF

The Capital Group Conservative Equity ETF (CGCV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking total returns through investments in North American companies. CGCV was launched on Jun 25, 2024 and is issued by Capital Group.