Capital Group Growth ETF (NYSEARCA:CGGR) Shares Sold by Signature Wealth Management Group

Signature Wealth Management Group decreased its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 4.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,972 shares of the company’s stock after selling 664 shares during the quarter. Signature Wealth Management Group’s holdings in Capital Group Growth ETF were worth $547,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. O Shaughnessy Asset Management LLC purchased a new stake in shares of Capital Group Growth ETF during the fourth quarter valued at $208,000. Ameriprise Financial Inc. acquired a new stake in Capital Group Growth ETF during the 4th quarter worth about $1,943,000. Ashton Thomas Securities LLC grew its stake in Capital Group Growth ETF by 570.8% during the 4th quarter. Ashton Thomas Securities LLC now owns 18,354 shares of the company’s stock valued at $682,000 after purchasing an additional 15,618 shares during the last quarter. 5T Wealth LLC acquired a new position in shares of Capital Group Growth ETF in the fourth quarter valued at about $5,472,000. Finally, Bank of Montreal Can purchased a new position in shares of Capital Group Growth ETF in the fourth quarter worth about $562,000.

Capital Group Growth ETF Stock Down 1.1%

Shares of NYSEARCA CGGR opened at $38.75 on Monday. Capital Group Growth ETF has a 52 week low of $29.23 and a 52 week high of $39.96. The business’s 50 day moving average price is $36.13 and its 200 day moving average price is $36.92. The firm has a market cap of $12.43 billion, a P/E ratio of 30.36 and a beta of 1.18.

About Capital Group Growth ETF

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.