Capital Group Private Client Services Inc. Increases Stock Holdings in Capital Group Conservative Equity ETF $CGCV

Capital Group Private Client Services Inc. increased its holdings in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 13.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,732,528 shares of the company’s stock after buying an additional 452,925 shares during the quarter. Capital Group Conservative Equity ETF accounts for about 1.8% of Capital Group Private Client Services Inc.’s portfolio, making the stock its 11th largest position. Capital Group Private Client Services Inc. owned approximately 8.26% of Capital Group Conservative Equity ETF worth $113,805,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC grew its stake in Capital Group Conservative Equity ETF by 26.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,613 shares of the company’s stock worth $49,000 after buying an additional 338 shares during the last quarter. Advisory Services Network LLC grew its stake in Capital Group Conservative Equity ETF by 1.9% during the 3rd quarter. Advisory Services Network LLC now owns 24,870 shares of the company’s stock valued at $749,000 after purchasing an additional 456 shares during the last quarter. Comerica Bank grew its stake in Capital Group Conservative Equity ETF by 156.4% during the 3rd quarter. Comerica Bank now owns 905 shares of the company’s stock valued at $27,000 after purchasing an additional 552 shares during the last quarter. A&I Financial Services LLC grew its stake in Capital Group Conservative Equity ETF by 3.7% during the 4th quarter. A&I Financial Services LLC now owns 18,757 shares of the company’s stock valued at $572,000 after purchasing an additional 675 shares during the last quarter. Finally, OneAscent Financial Services LLC grew its stake in Capital Group Conservative Equity ETF by 9.6% during the 4th quarter. OneAscent Financial Services LLC now owns 9,505 shares of the company’s stock valued at $290,000 after purchasing an additional 833 shares during the last quarter.

Capital Group Conservative Equity ETF Stock Performance

Capital Group Conservative Equity ETF stock opened at $31.93 on Friday. The business’s 50-day simple moving average is $31.24 and its two-hundred day simple moving average is $30.99. The company has a market cap of $1.66 billion, a PE ratio of 23.69 and a beta of 0.67. Capital Group Conservative Equity ETF has a fifty-two week low of $27.86 and a fifty-two week high of $32.32.

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.