Capital Group Conservative Equity ETF $CGCV Shares Purchased by Founders Financial Securities LLC

Founders Financial Securities LLC increased its holdings in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 68.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 74,459 shares of the company’s stock after acquiring an additional 30,317 shares during the quarter. Founders Financial Securities LLC owned approximately 0.16% of Capital Group Conservative Equity ETF worth $2,270,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of CGCV. Royal Bank of Canada raised its stake in Capital Group Conservative Equity ETF by 1,424.1% during the first quarter. Royal Bank of Canada now owns 10,623 shares of the company’s stock worth $288,000 after acquiring an additional 9,926 shares during the period. NewEdge Advisors LLC acquired a new stake in Capital Group Conservative Equity ETF during the first quarter worth about $42,000. Jane Street Group LLC raised its stake in Capital Group Conservative Equity ETF by 742.1% during the first quarter. Jane Street Group LLC now owns 71,702 shares of the company’s stock worth $1,944,000 after acquiring an additional 63,187 shares during the period. Geneos Wealth Management Inc. bought a new position in Capital Group Conservative Equity ETF in the 1st quarter worth about $31,000. Finally, JPMorgan Chase & Co. bought a new position in Capital Group Conservative Equity ETF in the 2nd quarter worth about $99,000.

Capital Group Conservative Equity ETF Stock Performance

NYSEARCA CGCV opened at $32.20 on Monday. Capital Group Conservative Equity ETF has a 52 week low of $27.40 and a 52 week high of $32.31. The stock has a market cap of $1.68 billion, a price-to-earnings ratio of 23.69 and a beta of 0.69. The company has a 50-day moving average price of $31.02 and a two-hundred day moving average price of $30.93.

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.