Capital Group Conservative Equity ETF $CGCV Shares Purchased by Royal Bank of Canada

Royal Bank of Canada boosted its holdings in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 25.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 183,485 shares of the company’s stock after acquiring an additional 36,784 shares during the period. Royal Bank of Canada owned 0.35% of Capital Group Conservative Equity ETF worth $5,470,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. NewEdge Advisors LLC purchased a new position in Capital Group Conservative Equity ETF in the 1st quarter worth approximately $42,000. Jane Street Group LLC grew its position in shares of Capital Group Conservative Equity ETF by 742.1% in the first 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 in the last quarter. Geneos Wealth Management Inc. purchased a new stake in shares of Capital Group Conservative Equity ETF in the first quarter valued at approximately $31,000. JPMorgan Chase & Co. acquired a new stake in shares of Capital Group Conservative Equity ETF in the second quarter valued at approximately $99,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Capital Group Conservative Equity ETF in the second quarter valued at approximately $174,000.

Capital Group Conservative Equity ETF Stock Performance

Shares of Capital Group Conservative Equity ETF stock opened at $33.79 on Thursday. The business’s 50 day moving average price is $32.84 and its 200 day moving average price is $31.76. The company has a market cap of $2.00 billion, a price-to-earnings ratio of 23.69 and a beta of 0.65. Capital Group Conservative Equity ETF has a one year low of $29.17 and a one year high of $33.96.

Capital Group Conservative Equity ETF Company 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.