Capital Group Conservative Equity ETF (NYSEARCA:CGCV) Shares Bought by Financial Management Network Inc.

Financial Management Network Inc. raised its stake in Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 66.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,002 shares of the company’s stock after buying an additional 12,027 shares during the quarter. Financial Management Network Inc.’s holdings in Capital Group Conservative Equity ETF were worth $801,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of CGCV. Concourse Financial Group Securities Inc. acquired a new position in Capital Group Conservative Equity ETF in the third quarter valued at about $48,000. World Investment Advisors LLC acquired a new stake in shares of Capital Group Conservative Equity ETF during the third quarter worth about $207,000. Captrust Financial Advisors acquired a new stake in shares of Capital Group Conservative Equity ETF during the third quarter worth about $232,000. Stratos Wealth Partners LTD. acquired a new stake in shares of Capital Group Conservative Equity ETF during the fourth quarter worth about $247,000. Finally, D.A. Davidson & CO. acquired a new stake in shares of Capital Group Conservative Equity ETF during the fourth quarter worth about $274,000.

Capital Group Conservative Equity ETF Price Performance

Shares of CGCV opened at $28.12 on Wednesday. Capital Group Conservative Equity ETF has a 1 year low of $24.82 and a 1 year high of $28.24. The company’s 50-day simple moving average is $27.20 and its 200-day simple moving average is $27.05.