Bay Colony Advisory Group Inc d b a Bay Colony Advisors Reduces Stock Position in Capital Group Conservative Equity ETF (NYSEARCA:CGCV)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors lessened its stake in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 12.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,124 shares of the company’s stock after selling 7,514 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Capital Group Conservative Equity ETF were worth $1,436,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Synergy Investment Management LLC purchased a new stake in Capital Group Conservative Equity ETF during the 4th quarter worth about $96,000. World Investment Advisors LLC purchased a new stake in Capital Group Conservative Equity ETF during the 3rd quarter worth about $207,000. Captrust Financial Advisors purchased a new stake in Capital Group Conservative Equity ETF during the 3rd quarter worth about $232,000. A&I Financial Services LLC purchased a new stake in Capital Group Conservative Equity ETF during the 4th quarter worth about $239,000. Finally, Stratos Wealth Partners LTD. purchased a new stake in Capital Group Conservative Equity ETF during the 4th quarter worth about $247,000.

Capital Group Conservative Equity ETF Trading Down 1.2 %

Capital Group Conservative Equity ETF stock opened at $27.39 on Friday. The stock has a 50-day moving average price of $27.41 and a 200 day moving average price of $27.22. Capital Group Conservative Equity ETF has a 52 week low of $24.82 and a 52 week high of $28.28. The stock has a market cap of $267.33 million and a PE ratio of 25.30.

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.