Signature Estate & Investment Advisors LLC Sells 269,551 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Signature Estate & Investment Advisors LLC cut its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 9.1% in the fourth quarter, HoldingsChannel reports. The firm owned 2,687,640 shares of the company’s stock after selling 269,551 shares during the quarter. Capital Group Growth ETF makes up about 2.5% of Signature Estate & Investment Advisors LLC’s investment portfolio, making the stock its 7th biggest position. Signature Estate & Investment Advisors LLC’s holdings in Capital Group Growth ETF were worth $99,900,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Ashton Thomas Securities LLC raised its position in Capital Group Growth ETF by 570.8% in the 4th quarter. Ashton Thomas Securities LLC now owns 18,354 shares of the company’s stock valued at $682,000 after purchasing an additional 15,618 shares in the last quarter. Modern Wealth Management LLC purchased a new stake in shares of Capital Group Growth ETF during the fourth quarter worth approximately $1,056,000. Haverford Trust Co raised its holdings in Capital Group Growth ETF by 9.1% in the fourth quarter. Haverford Trust Co now owns 585,358 shares of the company’s stock valued at $21,758,000 after acquiring an additional 48,940 shares in the last quarter. Woodmont Investment Counsel LLC lifted its stake in Capital Group Growth ETF by 4.3% in the fourth quarter. Woodmont Investment Counsel LLC now owns 23,506 shares of the company’s stock worth $874,000 after acquiring an additional 971 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in Capital Group Growth ETF by 34.9% during the 4th quarter. LPL Financial LLC now owns 16,775,326 shares of the company’s stock worth $623,539,000 after acquiring an additional 4,337,156 shares in the last quarter.

Capital Group Growth ETF Trading Up 2.6 %

Shares of NYSEARCA:CGGR opened at $36.12 on Tuesday. Capital Group Growth ETF has a 52 week low of $29.70 and a 52 week high of $39.96. The company’s 50 day moving average is $37.68 and its two-hundred day moving average is $36.79. The company has a market cap of $10.35 billion, a PE ratio of 28.51 and a beta of 1.16.

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.