Thurston Springer Miller Herd & Titak Inc. Sells 76,072 Shares of Capital Group Growth ETF $CGGR

Thurston Springer Miller Herd & Titak Inc. cut its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 96.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 2,793 shares of the company’s stock after selling 76,072 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Capital Group Growth ETF were worth $123,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CGGR. Commonwealth Equity Services LLC boosted its stake in Capital Group Growth ETF by 6.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 12,435,851 shares of the company’s stock worth $505,517,000 after purchasing an additional 758,297 shares during the period. Bank of America Corp DE increased its position in shares of Capital Group Growth ETF by 0.6% during the second quarter. Bank of America Corp DE now owns 11,478,224 shares of the company’s stock valued at $466,590,000 after buying an additional 72,811 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Capital Group Growth ETF by 29.0% in the second quarter. Envestnet Asset Management Inc. now owns 10,446,012 shares of the company’s stock worth $424,630,000 after buying an additional 2,346,788 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Capital Group Growth ETF by 14.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,407,693 shares of the company’s stock worth $423,073,000 after buying an additional 1,333,201 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its position in shares of Capital Group Growth ETF by 8.8% in the second quarter. Raymond James Financial Inc. now owns 8,464,909 shares of the company’s stock valued at $344,099,000 after acquiring an additional 687,152 shares during the period.

Capital Group Growth ETF Trading Up 0.2%

Shares of NYSEARCA:CGGR opened at $44.04 on Wednesday. The company has a 50 day moving average of $44.04 and a 200 day moving average of $42.48. The stock has a market cap of $17.64 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 12 month low of $29.23 and a 12 month high of $45.83.

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.