507,767 Shares in Capital Group Conservative Equity ETF (NYSEARCA:CGCV) Bought by Main Line Retirement Advisors LLC

Main Line Retirement Advisors LLC purchased a new position in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 507,767 shares of the company’s stock, valued at approximately $13,476,000. Capital Group Conservative Equity ETF accounts for about 8.9% of Main Line Retirement Advisors LLC’s holdings, making the stock its 5th largest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Concourse Financial Group Securities Inc. acquired a new position in Capital Group Conservative Equity ETF during the 3rd quarter worth $48,000. ST Germain D J Co. Inc. acquired a new position in Capital Group Conservative Equity ETF during the 3rd quarter worth $79,000. World Investment Advisors LLC acquired a new position in shares of Capital Group Conservative Equity ETF in the 3rd quarter valued at about $207,000. Captrust Financial Advisors acquired a new position in Capital Group Conservative Equity ETF during the 3rd quarter valued at about $232,000. Finally, Financial Management Network Inc. bought a new stake in shares of Capital Group Conservative Equity ETF during the 3rd quarter worth about $490,000.

Capital Group Conservative Equity ETF Stock Performance

CGCV stock opened at $27.51 on Monday. Capital Group Conservative Equity ETF has a 52 week low of $24.82 and a 52 week high of $28.24. The firm’s 50-day moving average is $27.11 and its two-hundred day moving average is $26.79.