Kingsview Wealth Management LLC Makes New Investment in Capital Group Conservative Equity ETF $CGCV

Kingsview Wealth Management LLC bought a new position in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 35,493 shares of the company’s stock, valued at approximately $1,082,000. Kingsview Wealth Management LLC owned approximately 0.08% of Capital Group Conservative Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Brookstone Capital Management boosted its position in Capital Group Conservative Equity ETF by 98.8% during the fourth 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. Envestnet Asset Management Inc. boosted its position in Capital Group Conservative Equity ETF by 178.8% during the third quarter. Envestnet Asset Management Inc. now owns 1,581,240 shares of the company’s stock worth $47,611,000 after purchasing an additional 1,014,040 shares in the last quarter. Valmark Advisers Inc. boosted its position in Capital Group Conservative Equity ETF by 191.3% during the fourth quarter. Valmark Advisers Inc. now owns 233,971 shares of the company’s stock worth $7,134,000 after purchasing an additional 153,651 shares in the last quarter. Vestmark Advisory Solutions Inc. purchased a new stake in Capital Group Conservative Equity ETF during the third quarter worth $4,269,000. Finally, Regatta Capital Group LLC boosted its position in Capital Group Conservative Equity ETF by 19.1% during the fourth 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 in the last quarter.

Capital Group Conservative Equity ETF Stock Performance

CGCV opened at $32.01 on Tuesday. The business’s fifty day moving average is $31.06 and its two-hundred day moving average is $30.94. The company has a market cap of $1.67 billion, a price-to-earnings ratio of 23.69 and a beta of 0.69. Capital Group Conservative Equity ETF has a one year low of $27.50 and a one year high of $32.31.

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.