Capital Group Growth ETF $CGGR Shares Sold by New England Capital Financial Advisors LLC

New England Capital Financial Advisors LLC trimmed its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 1.5% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,422,344 shares of the company’s stock after selling 22,386 shares during the period. Capital Group Growth ETF accounts for approximately 24.7% of New England Capital Financial Advisors LLC’s portfolio, making the stock its largest position. New England Capital Financial Advisors LLC owned about 0.31% of Capital Group Growth ETF worth $63,252,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hazlett Burt & Watson Inc. raised its holdings in shares of Capital Group Growth ETF by 806.5% in the third quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock valued at $25,000 after buying an additional 500 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new stake in Capital Group Growth ETF in the 3rd quarter valued at approximately $25,000. New Millennium Group LLC acquired a new position in Capital Group Growth ETF during the 3rd quarter worth approximately $25,000. Triumph Capital Management acquired a new position in Capital Group Growth ETF during the 3rd quarter worth approximately $29,000. Finally, Fifth Third Bancorp increased its position in Capital Group Growth ETF by 285.9% during the 3rd quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock worth $30,000 after purchasing an additional 506 shares during the period.

Capital Group Growth ETF Trading Up 0.8%

NYSEARCA CGGR opened at $44.64 on Friday. Capital Group Growth ETF has a 12-month low of $35.20 and a 12-month high of $45.83. The stock has a market capitalization of $22.06 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18. The business’s 50 day moving average is $42.42 and its two-hundred day moving average is $43.58.

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.