Gateway Wealth Partners LLC Acquires 52,156 Shares of Capital Group Conservative Equity ETF $CGCV

Gateway Wealth Partners LLC raised its holdings in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCVFree Report) by 326.4% during the 1st quarter, HoldingsChannel reports. The fund owned 68,135 shares of the company’s stock after acquiring an additional 52,156 shares during the quarter. Gateway Wealth Partners LLC’s holdings in Capital Group Conservative Equity ETF were worth $2,031,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of CGCV. Valmark Advisers Inc. lifted 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 valued at $7,134,000 after purchasing an additional 153,651 shares in the last quarter. Brookstone Capital Management grew its holdings 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 valued at $1,689,000 after purchasing an additional 27,534 shares during the period. Tribridge Partners Financial LLC increased its position in Capital Group Conservative Equity ETF by 9.2% in the fourth quarter. Tribridge Partners Financial LLC now owns 757,961 shares of the company’s stock worth $23,110,000 after buying an additional 63,997 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Capital Group Conservative Equity ETF by 279.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 680,465 shares of the company’s stock worth $20,747,000 after buying an additional 501,245 shares in the last quarter. Finally, Confluence Wealth Services Inc. raised its stake in shares of Capital Group Conservative Equity ETF by 1,678.5% in the fourth quarter. Confluence Wealth Services Inc. now owns 267,062 shares of the company’s stock worth $8,143,000 after buying an additional 252,046 shares during the period.

Capital Group Conservative Equity ETF Stock Up 0.5%

NYSEARCA CGCV opened at $33.27 on Wednesday. Capital Group Conservative Equity ETF has a 52 week low of $28.62 and a 52 week high of $33.48. The company has a market capitalization of $1.94 billion, a P/E ratio of 23.69 and a beta of 0.65. The stock’s 50-day moving average price is $32.53 and its 200-day moving average price is $31.57.

Capital Group Conservative Equity ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding CGCV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Conservative Equity ETF (NYSEARCA:CGCVFree Report).

Institutional Ownership by Quarter for Capital Group Conservative Equity ETF (NYSEARCA:CGCV)

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