Daymark Wealth Partners LLC Decreases Position in Capital Group Growth ETF $CGGR

Daymark Wealth Partners LLC decreased its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 2.2% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 304,055 shares of the company’s stock after selling 6,808 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Capital Group Growth ETF were worth $12,360,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Mayflower Financial Advisors LLC acquired a new position in shares of Capital Group Growth ETF in the second quarter worth about $364,000. WNY Asset Management LLC lifted its stake in shares of Capital Group Growth ETF by 1.2% in the second quarter. WNY Asset Management LLC now owns 2,070,237 shares of the company’s stock worth $84,155,000 after acquiring an additional 24,906 shares in the last quarter. Ferguson Shapiro LLC acquired a new position in shares of Capital Group Growth ETF in the second quarter worth about $13,926,000. Advisory Alpha LLC lifted its stake in shares of Capital Group Growth ETF by 11.6% in the second quarter. Advisory Alpha LLC now owns 15,765 shares of the company’s stock worth $641,000 after acquiring an additional 1,635 shares in the last quarter. Finally, Brookwood Investment Group LLC acquired a new position in shares of Capital Group Growth ETF in the second quarter worth about $405,000.

Capital Group Growth ETF Stock Performance

NYSEARCA:CGGR opened at $45.68 on Wednesday. Capital Group Growth ETF has a one year low of $29.23 and a one year high of $45.84. The business’s 50-day simple moving average is $43.64 and its 200 day simple moving average is $40.43. The stock has a market cap of $18.19 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17.

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.