Ferguson Shapiro LLC Sells 13,750 Shares of Capital Group Growth ETF $CGGR

Ferguson Shapiro LLC decreased its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 4.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 327,732 shares of the company’s stock after selling 13,750 shares during the period. Capital Group Growth ETF accounts for about 4.5% of Ferguson Shapiro LLC’s holdings, making the stock its 7th largest position. Ferguson Shapiro LLC’s holdings in Capital Group Growth ETF were worth $14,574,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Capital Group Private Client Services Inc. increased its holdings in shares of Capital Group Growth ETF by 5.3% during the 3rd quarter. Capital Group Private Client Services Inc. now owns 23,440,414 shares of the company’s stock valued at $1,029,503,000 after acquiring an additional 1,178,520 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Capital Group Growth ETF by 11.5% during the 3rd quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock valued at $562,219,000 after acquiring an additional 1,322,744 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Capital Group Growth ETF by 2.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 12,707,821 shares of the company’s stock valued at $558,128,000 after acquiring an additional 271,970 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Capital Group Growth ETF by 15.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 12,051,258 shares of the company’s stock valued at $529,291,000 after acquiring an additional 1,605,246 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of Capital Group Growth ETF by 9.3% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 11,374,810 shares of the company’s stock valued at $499,582,000 after acquiring an additional 967,117 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA CGGR opened at $44.14 on Friday. The firm has a market cap of $21.59 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18. The business’s 50-day simple moving average is $42.13 and its 200-day simple moving average is $43.55. Capital Group Growth ETF has a 52 week low of $31.33 and a 52 week high of $45.83.

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.