Brookstone Capital Management Has $1.25 Million Stock Holdings in Capital Group Conservative Equity ETF (NYSEARCA:CGCV)

Brookstone Capital Management reduced its stake in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 49.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 47,001 shares of the company’s stock after selling 45,895 shares during the period. Brookstone Capital Management’s holdings in Capital Group Conservative Equity ETF were worth $1,247,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Concourse Financial Group Securities Inc. bought a new position in Capital Group Conservative Equity ETF in the third quarter valued at approximately $48,000. ST Germain D J Co. Inc. bought a new stake in Capital Group Conservative Equity ETF during the third quarter worth $79,000. World Investment Advisors LLC acquired a new stake in shares of Capital Group Conservative Equity ETF in the 3rd quarter valued at $207,000. Captrust Financial Advisors bought a new position in shares of Capital Group Conservative Equity ETF in the 3rd quarter valued at $232,000. Finally, Commonwealth Equity Services LLC acquired a new position in shares of Capital Group Conservative Equity ETF during the 2nd quarter worth $270,000.

Capital Group Conservative Equity ETF Stock Performance

Shares of CGCV stock opened at $26.97 on Friday. The business has a fifty day simple moving average of $27.13 and a 200 day simple moving average of $26.66. Capital Group Conservative Equity ETF has a twelve month low of $24.82 and a twelve month high of $28.24.