Capital International Investors Grows Holdings in Capital Group Conservative Equity ETF $CGCV

Capital International Investors grew its holdings in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 0.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 9,928,478 shares of the company’s stock after acquiring an additional 70,955 shares during the period. Capital International Investors owned 0.22% of Capital Group Conservative Equity ETF worth $302,719,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in CGCV. Envestnet Asset Management Inc. boosted its stake in shares of Capital Group Conservative Equity ETF by 178.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,581,240 shares of the company’s stock valued at $47,611,000 after buying an additional 1,014,040 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Capital Group Conservative Equity ETF by 502.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,079,169 shares of the company’s stock valued at $32,904,000 after buying an additional 899,949 shares during the last quarter. Capital Group Private Client Services Inc. boosted its stake in shares of Capital Group Conservative Equity ETF by 33.8% during the 3rd quarter. Capital Group Private Client Services Inc. now owns 3,279,603 shares of the company’s stock valued at $98,749,000 after buying an additional 828,056 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Capital Group Conservative Equity ETF by 5,529.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 828,462 shares of the company’s stock valued at $25,682,000 after buying an additional 813,745 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of Capital Group Conservative Equity ETF by 67.0% during the 2nd quarter. Raymond James Financial Inc. now owns 1,397,337 shares of the company’s stock valued at $39,964,000 after buying an additional 560,814 shares during the last quarter.

Capital Group Conservative Equity ETF Stock Performance

Capital Group Conservative Equity ETF stock opened at $31.93 on Monday. The stock has a market cap of $1.66 billion, a P/E ratio of 23.69 and a beta of 0.67. The stock has a 50 day moving average of $31.24 and a 200-day moving average of $31.00. Capital Group Conservative Equity ETF has a 52 week low of $27.86 and a 52 week high of $32.32.

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.