Main Line Retirement Advisors LLC Purchases Shares of 507,767 Capital Group Conservative Equity ETF (NYSEARCA:CGCV)

Main Line Retirement Advisors LLC purchased a new stake in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 507,767 shares of the company’s stock, valued at approximately $13,476,000. Capital Group Conservative Equity ETF comprises 8.9% of Main Line Retirement Advisors LLC’s holdings, making the stock its 5th biggest holding.

A number of other hedge funds also recently bought and sold shares of CGCV. Concourse Financial Group Securities Inc. bought a new stake in shares of Capital Group Conservative Equity ETF in the third quarter valued at about $48,000. ST Germain D J Co. Inc. bought a new stake in shares of Capital Group Conservative Equity ETF in the third quarter valued at about $79,000. World Investment Advisors LLC bought a new stake in shares of Capital Group Conservative Equity ETF in the third quarter valued at about $207,000. Captrust Financial Advisors bought a new stake in shares of Capital Group Conservative Equity ETF in the third quarter valued at about $232,000. Finally, Financial Management Network Inc. bought a new stake in shares of Capital Group Conservative Equity ETF in the third quarter valued at about $490,000.

Capital Group Conservative Equity ETF Stock Performance

Shares of CGCV opened at $27.51 on Monday. Capital Group Conservative Equity ETF has a 12 month low of $24.82 and a 12 month high of $28.24. The company has a 50-day moving average price of $27.11 and a two-hundred day moving average price of $26.79.