J. Derek Lewis & Associates Inc. Acquires Shares of 278,205 Capital Group Conservative Equity ETF $CGCV

J. Derek Lewis & Associates Inc. bought a new stake in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 278,205 shares of the company’s stock, valued at approximately $8,483,000. Capital Group Conservative Equity ETF comprises 2.0% of J. Derek Lewis & Associates Inc.’s portfolio, making the stock its 14th biggest holding.

Other large investors also recently modified their holdings of the company. Royal Bank of Canada increased its position in shares of Capital Group Conservative Equity ETF by 1,424.1% in the first quarter. Royal Bank of Canada now owns 10,623 shares of the company’s stock worth $288,000 after purchasing an additional 9,926 shares during the period. NewEdge Advisors LLC acquired a new stake in Capital Group Conservative Equity ETF during the first quarter worth about $42,000. Jane Street Group LLC increased its holdings in Capital Group Conservative Equity ETF by 742.1% in the 1st quarter. Jane Street Group LLC now owns 71,702 shares of the company’s stock valued at $1,944,000 after buying an additional 63,187 shares during the period. Geneos Wealth Management Inc. bought a new position in Capital Group Conservative Equity ETF in the 1st quarter valued at about $31,000. Finally, JPMorgan Chase & Co. acquired a new position in shares of Capital Group Conservative Equity ETF in the 2nd quarter valued at approximately $99,000.

Capital Group Conservative Equity ETF Stock Performance

NYSEARCA CGCV opened at $32.30 on Friday. The firm has a market capitalization of $1.68 billion, a price-to-earnings ratio of 23.69 and a beta of 0.67. The firm’s 50 day simple moving average is $31.71 and its 200 day simple moving average is $31.13. Capital Group Conservative Equity ETF has a 1 year low of $27.86 and a 1 year 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.