Signature Estate & Investment Advisors LLC Trims Stock Position in Capital Group Growth ETF $CGGR

Signature Estate & Investment Advisors LLC cut its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 2.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,633,662 shares of the company’s stock after selling 69,383 shares during the quarter. Capital Group Growth ETF comprises 2.4% of Signature Estate & Investment Advisors LLC’s portfolio, making the stock its 7th largest position. Signature Estate & Investment Advisors LLC’s holdings in Capital Group Growth ETF were worth $117,119,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of CGGR. Raymond James Financial Inc. increased its position in shares of Capital Group Growth ETF by 31.7% in the 3rd quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock valued at $489,487,000 after buying an additional 2,680,056 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Capital Group Growth ETF by 15.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 12,051,258 shares of the company’s stock valued at $529,291,000 after buying an additional 1,605,246 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of Capital Group Growth ETF by 30.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 5,999,008 shares of the company’s stock valued at $261,802,000 after buying an additional 1,407,884 shares in the last quarter. Bank of America Corp DE increased its position 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 buying an additional 1,322,744 shares in the last quarter. Finally, Capital Group Private Client Services Inc. increased its position in shares of Capital Group Growth ETF by 5.3% in the 3rd quarter. Capital Group Private Client Services Inc. now owns 23,440,414 shares of the company’s stock valued at $1,029,503,000 after buying an additional 1,178,520 shares in the last quarter.

Capital Group Growth ETF Stock Up 0.3%

CGGR opened at $46.07 on Friday. Capital Group Growth ETF has a 12 month low of $37.05 and a 12 month high of $46.79. The company has a fifty day simple moving average of $43.19 and a 200 day simple moving average of $43.69. The stock has a market cap of $22.90 billion, a P/E ratio of 30.88 and a beta of 1.17.

Capital Group Growth ETF Company 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.