Capital Group Growth ETF (NYSEARCA:CGGR) Stock Position Trimmed by WealthTrust Asset Management LLC

WealthTrust Asset Management LLC trimmed its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 18.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,709 shares of the company’s stock after selling 4,612 shares during the period. WealthTrust Asset Management LLC’s holdings in Capital Group Growth ETF were worth $681,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Per Stirling Capital Management LLC. acquired a new position in shares of Capital Group Growth ETF during the fourth quarter valued at $1,928,000. Hoylecohen LLC increased its stake in Capital Group Growth ETF by 0.8% during the 4th quarter. Hoylecohen LLC now owns 550,215 shares of the company’s stock valued at $15,533,000 after buying an additional 4,144 shares during the period. Assetmark Inc. lifted its stake in shares of Capital Group Growth ETF by 8.4% in the 4th quarter. Assetmark Inc. now owns 131,997 shares of the company’s stock worth $3,726,000 after acquiring an additional 10,180 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Capital Group Growth ETF by 8.7% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 2,356,834 shares of the company’s stock valued at $66,533,000 after acquiring an additional 189,619 shares in the last quarter. Finally, ORBA Wealth Advisors L.L.C. acquired a new position in shares of Capital Group Growth ETF during the fourth quarter valued at approximately $380,000.

Capital Group Growth ETF Price Performance

CGGR opened at $34.43 on Friday. The business has a 50 day moving average price of $32.85 and a two-hundred day moving average price of $32.22. The company has a market capitalization of $5.86 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 1-year low of $23.34 and a 1-year high of $34.57.

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.