Envestnet Portfolio Solutions Inc. cut its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 61.5% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 93,705 shares of the company’s stock after selling 149,542 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Capital Group Growth ETF were worth $3,809,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Golden State Wealth Management LLC acquired a new position in shares of Capital Group Growth ETF during the first quarter worth $30,000. Rossby Financial LCC acquired a new position in shares of Capital Group Growth ETF during the first quarter worth $31,000. Trust Co. of Vermont bought a new stake in shares of Capital Group Growth ETF in the second quarter worth $51,000. CX Institutional bought a new stake in shares of Capital Group Growth ETF in the first quarter worth $48,000. Finally, Chilton Capital Management LLC bought a new stake in shares of Capital Group Growth ETF in the first quarter worth $53,000.
Capital Group Growth ETF Stock Up 0.5%
Shares of Capital Group Growth ETF stock opened at $44.07 on Thursday. Capital Group Growth ETF has a twelve month low of $29.23 and a twelve month high of $44.71. The stock has a market cap of $16.88 billion, a price-to-earnings ratio of 30.88 and a beta of 1.09. The company’s fifty day moving average is $43.18 and its 200 day moving average is $39.59.
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.
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