Capital Group Conservative Equity ETF $CGCV Holdings Boosted by BlueChip Wealth Advisors LLC

BlueChip Wealth Advisors LLC increased its position in Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 310.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 78,955 shares of the company’s stock after acquiring an additional 59,701 shares during the period. Capital Group Conservative Equity ETF makes up 1.0% of BlueChip Wealth Advisors LLC’s portfolio, making the stock its 24th biggest position. BlueChip Wealth Advisors LLC owned approximately 0.15% of Capital Group Conservative Equity ETF worth $2,354,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Comerica Bank increased its stake in shares of Capital Group Conservative Equity ETF by 156.4% in the third quarter. Comerica Bank now owns 905 shares of the company’s stock valued at $27,000 after purchasing an additional 552 shares during the period. Geneos Wealth Management Inc. acquired a new position in shares of Capital Group Conservative Equity ETF during the fourth quarter worth approximately $28,000. Sunbelt Securities Inc. acquired a new position in shares of Capital Group Conservative Equity ETF during the third quarter worth approximately $30,000. IAG Wealth Partners LLC bought a new position in Capital Group Conservative Equity ETF in the 1st quarter worth approximately $37,000. Finally, NewEdge Advisors LLC bought a new position in Capital Group Conservative Equity ETF in the 1st quarter worth approximately $42,000.

Capital Group Conservative Equity ETF Price Performance

CGCV opened at $32.85 on Wednesday. The stock’s 50 day moving average price is $32.27 and its 200 day moving average price is $31.41. The stock has a market cap of $1.89 billion, a P/E ratio of 23.69 and a beta of 0.65. Capital Group Conservative Equity ETF has a 12 month low of $28.60 and a 12 month high of $33.16.

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.