Founders Financial Securities LLC Has $2.95 Million Holdings in Capital Group Conservative Equity ETF $CGCV

Founders Financial Securities LLC grew its holdings in Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 28.2% during the 1st quarter, Holdings Channel reports. The firm owned 95,431 shares of the company’s stock after purchasing an additional 20,972 shares during the period. Founders Financial Securities LLC’s holdings in Capital Group Conservative Equity ETF were worth $2,952,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Nations Financial Group Inc. IA ADV raised its stake in shares of Capital Group Conservative Equity ETF by 48.6% during the first quarter. Nations Financial Group Inc. IA ADV now owns 10,020 shares of the company’s stock worth $299,000 after buying an additional 3,275 shares during the last quarter. Midwest Heritage Bank FSB lifted its holdings in Capital Group Conservative Equity ETF by 54.8% in the first quarter. Midwest Heritage Bank FSB now owns 221,670 shares of the company’s stock valued at $6,608,000 after buying an additional 78,458 shares during the period. J. Derek Lewis & Associates Inc. bought a new position in Capital Group Conservative Equity ETF in the fourth quarter valued at approximately $8,483,000. World Investment Advisors boosted its stake in Capital Group Conservative Equity ETF by 116.0% in the fourth quarter. World Investment Advisors now owns 19,095 shares of the company’s stock valued at $582,000 after acquiring an additional 10,255 shares during the last quarter. Finally, Advisortrust Partners LLC acquired a new stake in Capital Group Conservative Equity ETF during the 4th quarter worth $241,000.

Capital Group Conservative Equity ETF Stock Performance

CGCV opened at $32.30 on Friday. The company has a fifty day moving average price of $31.71 and a two-hundred day moving average price of $31.13. The firm has a market capitalization of $1.68 billion, a PE ratio of 23.69 and a beta of 0.67. Capital Group Conservative Equity ETF has a 52 week low of $27.86 and a 52 week high of $32.62.

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.