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

Royal Bank of Canada lifted its stake in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 25.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 183,485 shares of the company’s stock after acquiring an additional 36,784 shares during the quarter. Royal Bank of Canada’s holdings in Capital Group Conservative Equity ETF were worth $5,470,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. EverSource Wealth Advisors LLC boosted its holdings in Capital Group Conservative Equity ETF by 26.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,613 shares of the company’s stock valued at $49,000 after purchasing an additional 338 shares during the period. Advisory Services Network LLC increased its holdings in Capital Group Conservative Equity ETF by 1.9% during the 3rd quarter. Advisory Services Network LLC now owns 24,870 shares of the company’s stock worth $749,000 after purchasing an additional 456 shares during the period. Comerica Bank raised its position in Capital Group Conservative Equity ETF by 156.4% in the 3rd quarter. Comerica Bank now owns 905 shares of the company’s stock valued at $27,000 after purchasing an additional 552 shares in the last quarter. A&I Financial Services LLC raised its position in Capital Group Conservative Equity ETF by 3.7% in the 4th quarter. A&I Financial Services LLC now owns 18,757 shares of the company’s stock valued at $572,000 after purchasing an additional 675 shares in the last quarter. Finally, OneAscent Financial Services LLC boosted its stake in shares of Capital Group Conservative Equity ETF by 9.6% in the 4th quarter. OneAscent Financial Services LLC now owns 9,505 shares of the company’s stock valued at $290,000 after buying an additional 833 shares during the period.

Capital Group Conservative Equity ETF Stock Performance

Shares of CGCV opened at $33.79 on Thursday. Capital Group Conservative Equity ETF has a 1 year low of $29.17 and a 1 year high of $33.96. The stock has a market capitalization of $2.00 billion, a PE ratio of 23.69 and a beta of 0.65. The stock has a 50-day simple moving average of $32.84 and a 200-day simple moving average of $31.76.

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.