CGN Advisors LLC Sells 2,117 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

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

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CGGR. Cornerstone Wealth Management LLC lifted its holdings in shares of Capital Group Growth ETF by 0.9% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 32,782 shares of the company’s stock valued at $1,140,000 after buying an additional 301 shares during the period. Professional Financial Advisors LLC increased its position in Capital Group Growth ETF by 1.0% during the fourth quarter. Professional Financial Advisors LLC now owns 31,361 shares of the company’s stock valued at $1,166,000 after acquiring an additional 304 shares during the last quarter. Signet Financial Management LLC lifted 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 valued at $4,377,000 after acquiring an additional 382 shares during the period. CreativeOne Wealth LLC boosted its position in 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 purchasing an additional 458 shares during the last quarter. Finally, Bill Few Associates Inc. grew its stake in shares of Capital Group Growth ETF by 2.6% during the 3rd quarter. Bill Few Associates Inc. now owns 18,365 shares of the company’s stock valued at $639,000 after purchasing an additional 470 shares during the period.

Capital Group Growth ETF Stock Up 1.3 %

Shares of NYSEARCA:CGGR opened at $38.50 on Friday. The stock has a market capitalization of $6.55 billion, a PE ratio of 28.99 and a beta of 1.22. The firm’s 50 day moving average price is $37.84 and its 200-day moving average price is $35.24. Capital Group Growth ETF has a twelve month low of $28.00 and a twelve month high of $39.36.

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.