Capital Group Conservative Equity ETF $CGCV Holdings Lifted by Founders Financial Securities LLC

Founders Financial Securities LLC grew its position in Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 68.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 74,459 shares of the company’s stock after purchasing an additional 30,317 shares during the period. Founders Financial Securities LLC’s holdings in Capital Group Conservative Equity ETF were worth $2,270,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of CGCV. Comerica Bank grew its position in Capital Group Conservative Equity ETF by 156.4% in the 3rd quarter. Comerica Bank now owns 905 shares of the company’s stock worth $27,000 after purchasing an additional 552 shares during the last quarter. Geneos Wealth Management Inc. bought a new position in Capital Group Conservative Equity ETF in the 4th quarter worth about $28,000. Sunbelt Securities Inc. bought a new position in Capital Group Conservative Equity ETF in the 3rd quarter worth about $30,000. EverSource Wealth Advisors LLC bought a new position in Capital Group Conservative Equity ETF in the 3rd quarter worth about $38,000. Finally, NewEdge Advisors LLC bought a new position in Capital Group Conservative Equity ETF in the 1st quarter worth about $42,000.

Capital Group Conservative Equity ETF Price Performance

Capital Group Conservative Equity ETF stock opened at $32.20 on Monday. The firm has a 50 day simple moving average of $31.02 and a 200-day simple moving average of $30.93. The stock has a market capitalization of $1.68 billion, a PE ratio of 23.69 and a beta of 0.69. Capital Group Conservative Equity ETF has a 12-month low of $27.40 and a 12-month high of $32.31.

Capital Group Conservative Equity ETF Profile

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.