Cetera Investment Advisers Purchases 99,802 Shares of Capital Group Conservative Equity ETF $CGCV

Cetera Investment Advisers increased its position in Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 12.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 892,128 shares of the company’s stock after purchasing an additional 99,802 shares during the quarter. Cetera Investment Advisers’ holdings in Capital Group Conservative Equity ETF were worth $26,594,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Capital International Investors lifted its position in Capital Group Conservative Equity ETF by 0.7% during the 4th quarter. Capital International Investors now owns 9,928,478 shares of the company’s stock valued at $302,719,000 after purchasing an additional 70,955 shares during the period. LPL Financial LLC grew its position in shares of Capital Group Conservative Equity ETF by 53.9% during the 4th quarter. LPL Financial LLC now owns 3,942,987 shares of the company’s stock worth $120,222,000 after buying an additional 1,380,934 shares during the period. Capital Group Private Client Services Inc. grew its position in shares of Capital Group Conservative Equity ETF by 13.8% during the 4th quarter. Capital Group Private Client Services Inc. now owns 3,732,528 shares of the company’s stock worth $113,805,000 after buying an additional 452,925 shares during the period. Raymond James Financial Inc. grew its position in shares of Capital Group Conservative Equity ETF by 36.7% during the 3rd quarter. Raymond James Financial Inc. now owns 1,909,889 shares of the company’s stock worth $57,507,000 after buying an additional 512,552 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Capital Group Conservative Equity ETF by 502.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,079,169 shares of the company’s stock worth $32,904,000 after buying an additional 899,949 shares during the last quarter.

Capital Group Conservative Equity ETF Price Performance

Shares of NYSEARCA CGCV opened at $33.05 on Monday. The company’s 50 day simple moving average is $32.47 and its 200 day simple moving average is $31.53. Capital Group Conservative Equity ETF has a fifty-two week low of $28.62 and a fifty-two week high of $33.16. The firm has a market capitalization of $1.93 billion, a P/E 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.