Independent Financial Group LLC purchased a new position in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV – Free Report) in the 1st quarter, HoldingsChannel.com reports. The fund purchased 19,344 shares of the company’s stock, valued at approximately $577,000.
Other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada grew its holdings in Capital Group Conservative Equity ETF by 1,424.1% in the 1st quarter. Royal Bank of Canada now owns 10,623 shares of the company’s stock valued at $288,000 after buying an additional 9,926 shares in the last quarter. NewEdge Advisors LLC bought a new stake in shares of Capital Group Conservative Equity ETF in the first quarter valued at about $42,000. Jane Street Group LLC boosted its position in shares of Capital Group Conservative Equity ETF by 742.1% in the first quarter. Jane Street Group LLC now owns 71,702 shares of the company’s stock valued at $1,944,000 after acquiring an additional 63,187 shares during the period. Geneos Wealth Management Inc. acquired a new position in shares of Capital Group Conservative Equity ETF in the first quarter valued at about $31,000. Finally, JPMorgan Chase & Co. acquired a new position in shares of Capital Group Conservative Equity ETF in the second quarter valued at about $99,000.
Capital Group Conservative Equity ETF Stock Up 0.3%
Shares of Capital Group Conservative Equity ETF stock opened at $32.93 on Thursday. Capital Group Conservative Equity ETF has a twelve month low of $28.62 and a twelve month high of $33.16. The company has a 50-day simple moving average of $32.43 and a two-hundred day simple moving average of $31.50. The stock has a market capitalization of $1.90 billion, a price-to-earnings ratio of 23.69 and a beta of 0.65.
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.
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Want to see what other hedge funds are holding CGCV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Conservative Equity ETF (NYSEARCA:CGCV – Free Report).
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