Financial Security Advisor Inc. Reduces Stock Holdings in Capital Group Growth ETF $CGGR

Financial Security Advisor Inc. lessened its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 6.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,994,948 shares of the company’s stock after selling 144,134 shares during the period. Capital Group Growth ETF accounts for approximately 17.2% of Financial Security Advisor Inc.’s holdings, making the stock its 2nd biggest position. Financial Security Advisor Inc. owned 0.45% of Capital Group Growth ETF worth $88,715,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Founders Financial Alliance LLC raised its position in Capital Group Growth ETF by 1,656.5% in the 3rd quarter. Founders Financial Alliance LLC now owns 116,142 shares of the company’s stock worth $5,101,000 after buying an additional 109,530 shares during the last quarter. Genesis Private Wealth LLC raised its position in Capital Group Growth ETF by 7.6% in the 4th quarter. Genesis Private Wealth LLC now owns 227,232 shares of the company’s stock worth $10,105,000 after buying an additional 16,050 shares during the last quarter. Valmark Advisers Inc. raised its position in Capital Group Growth ETF by 51.2% in the 4th quarter. Valmark Advisers Inc. now owns 873,172 shares of the company’s stock worth $38,830,000 after buying an additional 295,543 shares during the last quarter. Adamsbrown Wealth Consultants LLC raised its position in Capital Group Growth ETF by 1.3% in the 3rd quarter. Adamsbrown Wealth Consultants LLC now owns 1,042,361 shares of the company’s stock worth $45,781,000 after buying an additional 12,990 shares during the last quarter. Finally, Cozad Asset Management Inc. raised its position in Capital Group Growth ETF by 10.7% in the 3rd quarter. Cozad Asset Management Inc. now owns 169,183 shares of the company’s stock worth $7,431,000 after buying an additional 16,315 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA:CGGR opened at $45.78 on Friday. Capital Group Growth ETF has a fifty-two week low of $37.05 and a fifty-two week high of $46.79. The business has a 50-day simple moving average of $42.95 and a two-hundred day simple moving average of $43.68. The firm has a market cap of $22.76 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17.

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.