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

Kestra Advisory Services LLC increased its stake in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 213.9% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 144,655 shares of the company’s stock after purchasing an additional 98,578 shares during the period. Kestra Advisory Services LLC owned approximately 0.28% of Capital Group Conservative Equity ETF worth $4,312,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in 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 worth $49,000 after purchasing an additional 338 shares during the last quarter. Advisory Services Network LLC grew its position in Capital Group Conservative Equity ETF by 1.9% in 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 stake in Capital Group Conservative Equity ETF by 156.4% during the 3rd quarter. Comerica Bank now owns 905 shares of the company’s stock valued at $27,000 after buying an additional 552 shares during the last quarter. A&I Financial Services LLC raised its stake in Capital Group Conservative Equity ETF by 3.7% during the 4th quarter. A&I Financial Services LLC now owns 18,757 shares of the company’s stock valued at $572,000 after buying an additional 675 shares during the last quarter. Finally, OneAscent Financial Services LLC lifted its holdings in shares of Capital Group Conservative Equity ETF by 9.6% during 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 Price Performance

NYSEARCA CGCV opened at $33.11 on Friday. The stock has a market capitalization of $1.90 billion, a price-to-earnings ratio of 23.69 and a beta of 0.65. Capital Group Conservative Equity ETF has a 1-year low of $28.62 and a 1-year high of $33.16. The business’s fifty day moving average price is $32.33 and its 200-day moving average price is $31.44.

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.