AdvisorNet Financial Inc Raises Stock Position in Capital Group Conservative Equity ETF $CGCV

AdvisorNet Financial Inc grew its holdings in Capital Group Conservative Equity ETF (NYSEARCA:CGCVFree Report) by 820.4% during the 1st quarter, Holdings Channel.com reports. The fund owned 341,835 shares of the company’s stock after acquiring an additional 304,694 shares during the period. AdvisorNet Financial Inc’s holdings in Capital Group Conservative Equity ETF were worth $10,190,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Comerica Bank raised its position in shares of Capital Group Conservative Equity ETF by 156.4% during the third 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. Geneos Wealth Management Inc. purchased a new position in shares of Capital Group Conservative Equity ETF in the fourth quarter valued at $28,000. Sunbelt Securities Inc. purchased a new position in shares of Capital Group Conservative Equity ETF in the 3rd quarter worth $30,000. EverSource Wealth Advisors LLC bought a new stake in Capital Group Conservative Equity ETF during the third quarter worth approximately $38,000. Finally, NewEdge Advisors LLC bought a new position in shares of Capital Group Conservative Equity ETF during the 1st quarter valued at approximately $42,000.

Capital Group Conservative Equity ETF Trading Down 0.2%

Shares of NYSEARCA:CGCV opened at $32.25 on Tuesday. The company 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 moving average is $31.73 and its 200 day moving average is $31.15. Capital Group Conservative Equity ETF has a 12 month low of $27.86 and a 12 month high of $32.62.

Capital Group Conservative Equity ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Capital Group Conservative Equity ETF (NYSEARCA:CGCV)

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