Kestra Advisory Services LLC Grows Stock Position in Capital Group Conservative Equity ETF $CGCV

Kestra Advisory Services LLC lifted its holdings in Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 213.9% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 144,655 shares of the company’s stock after purchasing an additional 98,578 shares during the period. Kestra Advisory Services LLC’s holdings in Capital Group Conservative Equity ETF were worth $4,312,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Valmark Advisers Inc. grew its position in shares of Capital Group Conservative Equity ETF by 191.3% during the 4th quarter. Valmark Advisers Inc. now owns 233,971 shares of the company’s stock valued at $7,134,000 after acquiring an additional 153,651 shares during the period. Brookstone Capital Management increased its stake in shares of Capital Group Conservative Equity ETF by 98.8% in the 4th quarter. Brookstone Capital Management now owns 55,398 shares of the company’s stock worth $1,689,000 after purchasing an additional 27,534 shares in the last quarter. Regatta Capital Group LLC raised its holdings in Capital Group Conservative Equity ETF by 19.1% in the 4th quarter. Regatta Capital Group LLC now owns 111,520 shares of the company’s stock worth $3,400,000 after purchasing an additional 17,869 shares during the period. Tribridge Partners Financial LLC raised its holdings in Capital Group Conservative Equity ETF by 9.2% in the 4th quarter. Tribridge Partners Financial LLC now owns 757,961 shares of the company’s stock worth $23,110,000 after purchasing an additional 63,997 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its position in Capital Group Conservative Equity ETF by 5,529.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 828,462 shares of the company’s stock valued at $25,682,000 after purchasing an additional 813,745 shares in the last quarter.

Capital Group Conservative Equity ETF Stock Performance

NYSEARCA:CGCV opened at $33.11 on Friday. The stock has a 50-day simple moving average of $32.33 and a two-hundred day simple moving average of $31.44. Capital Group Conservative Equity ETF has a 52-week low of $28.62 and a 52-week high of $33.16. The firm has a market capitalization of $1.90 billion, a PE ratio of 23.69 and a beta of 0.65.

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.