Investments & Financial Planning LLC Sells 15,154 Shares of Capital Group Growth ETF $CGGR

Investments & Financial Planning LLC decreased its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 5.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 250,356 shares of the company’s stock after selling 15,154 shares during the quarter. Capital Group Growth ETF comprises 6.0% of Investments & Financial Planning LLC’s investment portfolio, making the stock its 5th largest holding. Investments & Financial Planning LLC’s holdings in Capital Group Growth ETF were worth $11,133,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CGGR. New Millennium Group LLC bought a new stake in Capital Group Growth ETF during the 3rd quarter worth about $25,000. Triumph Capital Management bought a new position in shares of Capital Group Growth ETF in the 3rd quarter valued at about $29,000. Fifth Third Bancorp boosted its stake in shares of Capital Group Growth ETF by 285.9% in the 3rd quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock valued at $30,000 after purchasing an additional 506 shares during the last quarter. Mark Sheptoff Financial Planning LLC boosted its stake in shares of Capital Group Growth ETF by 88.7% in the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock valued at $47,000 after purchasing an additional 500 shares during the last quarter. Finally, Provenance Wealth Advisors LLC acquired a new stake in shares of Capital Group Growth ETF during the 3rd quarter worth approximately $60,000.

Capital Group Growth ETF Price Performance

CGGR opened at $46.96 on Friday. The company has a market cap of $23.34 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The firm has a 50 day simple moving average of $45.46 and a 200 day simple moving average of $44.12. Capital Group Growth ETF has a fifty-two week low of $38.49 and a fifty-two week high of $48.02.

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.