Worthington Financial Partners LLC Makes New $1.66 Million Investment in Capital Group Conservative Equity ETF $CGCV

Worthington Financial Partners LLC bought a new position in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 54,334 shares of the company’s stock, valued at approximately $1,657,000. Capital Group Conservative Equity ETF makes up about 1.5% of Worthington Financial Partners LLC’s holdings, making the stock its 15th biggest holding. Worthington Financial Partners LLC owned about 0.12% of Capital Group Conservative Equity ETF as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Valmark Advisers Inc. grew its stake in Capital Group Conservative Equity ETF by 191.3% during the 4th quarter. Valmark Advisers Inc. now owns 233,971 shares of the company’s stock valued at $7,134,000 after acquiring an additional 153,651 shares in the last quarter. Brookstone Capital Management raised its holdings in Capital Group Conservative Equity ETF by 98.8% in the 4th quarter. Brookstone Capital Management now owns 55,398 shares of the company’s stock valued at $1,689,000 after acquiring an additional 27,534 shares during the last quarter. Vestmark Advisory Solutions Inc. purchased a new position in Capital Group Conservative Equity ETF in the 3rd quarter worth approximately $4,269,000. Regatta Capital Group LLC lifted its stake in Capital Group Conservative Equity ETF by 19.1% in the 4th 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. Finally, Tribridge Partners Financial LLC lifted its stake in Capital Group Conservative Equity ETF by 9.2% in the 4th quarter. Tribridge Partners Financial LLC now owns 757,961 shares of the company’s stock worth $23,110,000 after purchasing an additional 63,997 shares in the last quarter.

Capital Group Conservative Equity ETF Price Performance

Shares of Capital Group Conservative Equity ETF stock opened at $32.30 on Friday. The stock’s 50 day simple moving average is $31.71 and its 200-day simple moving average is $31.13. The stock has a market cap of $1.68 billion, a P/E 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 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.