Brookstone Capital Management Has $1.69 Million Position in Capital Group Conservative Equity ETF $CGCV

Brookstone Capital Management grew its stake in Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 98.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,398 shares of the company’s stock after acquiring an additional 27,534 shares during the period. Brookstone Capital Management owned 0.13% of Capital Group Conservative Equity ETF worth $1,689,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Comerica Bank raised its holdings in Capital Group Conservative Equity ETF by 156.4% during the third quarter. Comerica Bank now owns 905 shares of the company’s stock worth $27,000 after acquiring an additional 552 shares in the last quarter. Sunbelt Securities Inc. bought a new position in Capital Group Conservative Equity ETF in the third quarter valued at approximately $30,000. Geneos Wealth Management Inc. acquired a new position in shares of Capital Group Conservative Equity ETF during the 1st quarter worth approximately $31,000. EverSource Wealth Advisors LLC acquired a new position in shares of Capital Group Conservative Equity ETF during the 3rd quarter worth approximately $38,000. Finally, NewEdge Advisors LLC bought a new stake in shares of Capital Group Conservative Equity ETF during the 1st quarter worth approximately $42,000.

Capital Group Conservative Equity ETF Stock Performance

NYSEARCA CGCV opened at $29.83 on Friday. Capital Group Conservative Equity ETF has a 12 month low of $23.93 and a 12 month high of $31.96. The stock has a 50 day moving average of $30.94 and a 200-day moving average of $30.58. The company has a market cap of $1.46 billion, a PE ratio of 23.69 and a beta of 0.72.

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.