Capital Group Growth ETF $CGGR Shares Sold by Capital Management Associates Inc

Capital Management Associates Inc lessened its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 50.0% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 27,430 shares of the company’s stock after selling 27,430 shares during the period. Capital Management Associates Inc’s holdings in Capital Group Growth ETF were worth $1,115,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in CGGR. LPL Financial LLC boosted its holdings in Capital Group Growth ETF by 36.1% in the 1st quarter. LPL Financial LLC now owns 22,834,860 shares of the company’s stock valued at $782,094,000 after purchasing an additional 6,059,534 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in Capital Group Growth ETF by 13.8% in the 1st quarter. Commonwealth Equity Services LLC now owns 11,677,554 shares of the company’s stock valued at $399,956,000 after purchasing an additional 1,415,798 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Capital Group Growth ETF by 17.0% in the 1st quarter. Envestnet Asset Management Inc. now owns 8,099,224 shares of the company’s stock valued at $277,398,000 after purchasing an additional 1,175,119 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Capital Group Growth ETF by 14.8% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 9,074,492 shares of the company’s stock valued at $310,801,000 after purchasing an additional 1,166,451 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in Capital Group Growth ETF by 49.3% in the 1st quarter. Jones Financial Companies Lllp now owns 3,322,912 shares of the company’s stock valued at $113,975,000 after purchasing an additional 1,097,272 shares in the last quarter.

Capital Group Growth ETF Trading Up 0.8%

Shares of CGGR opened at $44.54 on Thursday. Capital Group Growth ETF has a twelve month low of $29.23 and a twelve month high of $44.71. The stock’s 50 day moving average is $42.95 and its two-hundred day moving average is $39.30. The firm has a market capitalization of $16.93 billion, a PE ratio of 30.88 and a beta of 1.09.

Capital Group Growth ETF Company 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.