Capital Group Conservative Equity ETF $CGCV Shares Sold by Evernest Financial Advisors LLC

Evernest Financial Advisors LLC reduced its position in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 48.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 129,884 shares of the company’s stock after selling 119,994 shares during the period. Capital Group Conservative Equity ETF comprises approximately 0.9% of Evernest Financial Advisors LLC’s portfolio, making the stock its 21st largest position. Evernest Financial Advisors LLC owned approximately 0.25% of Capital Group Conservative Equity ETF worth $4,039,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of CGCV. Comerica Bank raised its stake in Capital Group Conservative Equity ETF by 156.4% in the third quarter. Comerica Bank now owns 905 shares of the company’s stock valued at $27,000 after buying an additional 552 shares in the last quarter. Geneos Wealth Management Inc. purchased a new stake in Capital Group Conservative Equity ETF during the 4th quarter worth about $28,000. Sunbelt Securities Inc. acquired a new position in shares of Capital Group Conservative Equity ETF during the 3rd quarter worth about $30,000. IAG Wealth Partners LLC acquired a new position in shares of Capital Group Conservative Equity ETF during the 1st quarter worth about $37,000. Finally, NewEdge Advisors LLC purchased a new position in shares of Capital Group Conservative Equity ETF in the 1st quarter valued at about $42,000.

Capital Group Conservative Equity ETF Stock Performance

CGCV opened at $32.97 on Tuesday. Capital Group Conservative Equity ETF has a one year low of $28.60 and a one year high of $33.16. The company has a market cap of $1.90 billion, a P/E ratio of 23.69 and a beta of 0.65. The business’s 50-day simple moving average is $32.24 and its 200-day simple moving average is $31.39.

Capital Group Conservative Equity ETF 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.