Worthington Financial Partners LLC Makes New Investment in Capital Group Conservative Equity ETF $CGCV

Worthington Financial Partners LLC purchased a new position in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 54,334 shares of the company’s stock, valued at approximately $1,657,000. Capital Group Conservative Equity ETF comprises 1.5% of Worthington Financial Partners LLC’s holdings, making the stock its 15th biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of CGCV. Birchwood Financial Partners Inc. purchased a new stake in shares of Capital Group Conservative Equity ETF in the fourth quarter valued at about $206,000. Troutman Wealth Management LLC purchased a new position in Capital Group Conservative Equity ETF during the fourth quarter worth about $7,508,000. OLD Mission Capital LLC raised its stake in Capital Group Conservative Equity ETF by 51.0% during the fourth quarter. OLD Mission Capital LLC now owns 158,463 shares of the company’s stock worth $4,832,000 after purchasing an additional 53,495 shares during the period. Cetera Investment Advisers boosted its holdings in Capital Group Conservative Equity ETF by 91.6% in the 4th quarter. Cetera Investment Advisers now owns 792,326 shares of the company’s stock valued at $24,158,000 after purchasing an additional 378,710 shares during the last quarter. Finally, Envision Financial Planning LLC boosted its holdings in Capital Group Conservative Equity ETF by 326.3% in the 4th quarter. Envision Financial Planning LLC now owns 604,129 shares of the company’s stock valued at $18,420,000 after purchasing an additional 462,425 shares during the last quarter.

Capital Group Conservative Equity ETF Price Performance

Capital Group Conservative Equity ETF stock opened at $32.30 on Friday. The firm has a 50 day simple moving average of $31.71 and a 200-day simple moving average of $31.13. The stock has a market cap of $1.68 billion, a price-to-earnings ratio of 23.69 and a beta of 0.67. Capital Group Conservative Equity ETF has a 1-year low of $27.86 and a 1-year high of $32.62.

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.