SteelPeak Wealth LLC Sells 11,650 Shares of Capital Group Growth ETF $CGGR

SteelPeak Wealth LLC lessened its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 67.9% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 5,500 shares of the company’s stock after selling 11,650 shares during the period. SteelPeak Wealth LLC’s holdings in Capital Group Growth ETF were worth $221,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Morgan Stanley grew its position in Capital Group Growth ETF by 94.6% in the 4th quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock valued at $1,195,293,000 after purchasing an additional 13,065,920 shares during the period. LPL Financial LLC lifted its stake in shares of Capital Group Growth ETF by 17.7% in the fourth quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock valued at $2,019,429,000 after buying an additional 6,814,693 shares in the last quarter. Raymond James Financial Inc. lifted its stake in shares of Capital Group Growth ETF by 31.7% in the third quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock valued at $489,487,000 after buying an additional 2,680,056 shares in the last quarter. Wells Fargo & Company MN lifted its stake in shares of Capital Group Growth ETF by 26.2% in the fourth quarter. Wells Fargo & Company MN now owns 12,423,660 shares of the company’s stock valued at $552,480,000 after buying an additional 2,580,345 shares in the last quarter. Finally, Advance Capital Management Inc. grew its holdings in shares of Capital Group Growth ETF by 239.5% during the first quarter. Advance Capital Management Inc. now owns 2,860,148 shares of the company’s stock valued at $114,949,000 after buying an additional 2,017,650 shares during the last quarter.

Capital Group Growth ETF Price Performance

NYSEARCA:CGGR opened at $45.34 on Monday. The firm has a 50-day moving average of $46.41 and a 200-day moving average of $44.41. The company has a market cap of $24.00 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a one year low of $38.55 and a one year high of $48.02.

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.