CGN Advisors LLC Cuts Stock Position in Capital Group Growth ETF (NYSEARCA:CGGR)

CGN Advisors LLC decreased its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 11.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,546 shares of the company’s stock after selling 2,117 shares during the quarter. CGN Advisors LLC’s holdings in Capital Group Growth ETF were worth $615,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Cornerstone Wealth Management LLC grew its stake in shares of Capital Group Growth ETF by 0.9% in the third quarter. Cornerstone Wealth Management LLC now owns 32,782 shares of the company’s stock worth $1,140,000 after acquiring an additional 301 shares during the last quarter. Professional Financial Advisors LLC increased its stake in Capital Group Growth ETF by 1.0% during the 4th quarter. Professional Financial Advisors LLC now owns 31,361 shares of the company’s stock valued at $1,166,000 after purchasing an additional 304 shares in the last quarter. Signet Financial Management LLC raised its holdings in Capital Group Growth ETF by 0.3% in the fourth quarter. Signet Financial Management LLC now owns 117,769 shares of the company’s stock worth $4,377,000 after buying an additional 382 shares during the last quarter. CreativeOne Wealth LLC lifted its stake in shares of Capital Group Growth ETF by 7.1% in the third quarter. CreativeOne Wealth LLC now owns 6,889 shares of the company’s stock worth $240,000 after buying an additional 458 shares in the last quarter. Finally, Bill Few Associates Inc. grew its holdings in shares of Capital Group Growth ETF by 2.6% during the third quarter. Bill Few Associates Inc. now owns 18,365 shares of the company’s stock valued at $639,000 after buying an additional 470 shares during the last quarter.

Capital Group Growth ETF Stock Up 1.3 %

Shares of NYSEARCA CGGR opened at $38.50 on Friday. The firm has a market cap of $6.55 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a twelve month low of $28.00 and a twelve month high of $39.36. The company has a 50 day moving average of $37.84 and a 200 day moving average of $35.24.

Capital Group Growth ETF Profile

The Capital Group Growth ETF (CGGR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests predominantly in US companies of any market capitalization. The fund seeks to provide capital growth. CGGR was launched on Feb 22, 2022 and is managed by Capital Group.