Capital Group Growth ETF $CGGR Shares Sold by Clg LLC

Clg LLC trimmed its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 17.0% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 286,676 shares of the company’s stock after selling 58,683 shares during the quarter. Capital Group Growth ETF accounts for 2.9% of Clg LLC’s holdings, making the stock its 8th biggest position. Clg LLC’s holdings in Capital Group Growth ETF were worth $11,522,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of CGGR. LPL Financial LLC raised its holdings in shares of Capital Group Growth ETF by 17.7% during the fourth quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock worth $2,019,429,000 after acquiring an additional 6,814,693 shares during the period. Morgan Stanley boosted its stake 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 worth $1,195,293,000 after purchasing an additional 13,065,920 shares during the period. Capital Group Private Client Services Inc. boosted its stake in Capital Group Growth ETF by 2.5% in the 4th quarter. Capital Group Private Client Services Inc. now owns 24,026,194 shares of the company’s stock worth $1,068,445,000 after purchasing an additional 585,780 shares during the period. Commonwealth Equity Services LLC increased its holdings in Capital Group Growth ETF by 3.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 13,193,475 shares of the company’s stock worth $586,714,000 after purchasing an additional 485,654 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Capital Group Growth ETF by 11.5% in 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 purchasing an additional 1,322,744 shares during the period.

Capital Group Growth ETF Stock Performance

NYSEARCA CGGR opened at $44.75 on Friday. Capital Group Growth ETF has a 52 week low of $38.55 and a 52 week high of $48.02. The stock’s 50 day moving average price is $46.34 and its two-hundred day moving average price is $44.44. The stock has a market capitalization of $23.70 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17.

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.