Cetera Investment Advisers boosted its stake in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV – Free Report) by 12.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 892,128 shares of the company’s stock after acquiring an additional 99,802 shares during the quarter. Cetera Investment Advisers owned approximately 1.71% of Capital Group Conservative Equity ETF worth $26,594,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Comerica Bank raised 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 worth $27,000 after acquiring an additional 552 shares during the last quarter. Geneos Wealth Management Inc. bought a new stake in shares of Capital Group Conservative Equity ETF during the fourth quarter valued at approximately $28,000. Sunbelt Securities Inc. bought a new stake in shares of Capital Group Conservative Equity ETF during the third quarter valued at approximately $30,000. IAG Wealth Partners LLC acquired a new stake in shares of Capital Group Conservative Equity ETF in the first quarter valued at approximately $37,000. Finally, NewEdge Advisors LLC acquired a new stake in shares of Capital Group Conservative Equity ETF in the first quarter valued at approximately $42,000.
Capital Group Conservative Equity ETF Price Performance
CGCV stock opened at $33.05 on Monday. The company has a 50 day moving average price of $32.47 and a 200 day moving average price of $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 stock has a market capitalization of $1.93 billion, a PE ratio of 23.69 and a beta of 0.65.
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.
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