Janney Montgomery Scott LLC Has $5.37 Million Position in Capital Group Conservative Equity ETF $CGCV

Janney Montgomery Scott LLC raised its holdings in Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 25.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 180,061 shares of the company’s stock after acquiring an additional 36,559 shares during the quarter. Janney Montgomery Scott LLC owned about 0.36% of Capital Group Conservative Equity ETF worth $5,368,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its stake in shares of Capital Group Conservative Equity ETF by 1,424.1% during the 1st quarter. Royal Bank of Canada now owns 10,623 shares of the company’s stock worth $288,000 after purchasing an additional 9,926 shares during the last quarter. NewEdge Advisors LLC acquired a new stake in shares of Capital Group Conservative Equity ETF in the 1st quarter valued at $42,000. Jane Street Group LLC lifted its stake in shares of Capital Group Conservative Equity ETF by 742.1% in the 1st quarter. Jane Street Group LLC now owns 71,702 shares of the company’s stock valued at $1,944,000 after purchasing an additional 63,187 shares during the last quarter. Geneos Wealth Management Inc. bought a new stake in Capital Group Conservative Equity ETF in the first quarter worth $31,000. Finally, JPMorgan Chase & Co. bought a new stake in Capital Group Conservative Equity ETF in the second quarter worth $99,000.

Capital Group Conservative Equity ETF Price Performance

Capital Group Conservative Equity ETF stock opened at $32.97 on Friday. Capital Group Conservative Equity ETF has a one year low of $28.60 and a one year high of $33.04. The company’s fifty day moving average price is $32.03 and its two-hundred day moving average price is $31.28. The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of 23.69 and a beta of 0.65.

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.