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

Financial Management Network Inc. raised its holdings in Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 66.9% in the fourth quarter, Holdings Channel.com reports. 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 reporting period.

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

Capital Group Conservative Equity ETF Stock Up 0.4 %

NYSEARCA:CGCV opened at $28.12 on Wednesday. Capital Group Conservative Equity ETF has a 52-week low of $24.82 and a 52-week high of $28.24. The stock has a fifty day simple moving average of $27.20 and a 200-day simple moving average of $27.05.