RFG Advisory LLC Cuts Stake in Capital Group Growth ETF $CGGR

RFG Advisory LLC decreased its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 12.0% during the 4th quarter, Holdings Channel reports. The fund owned 80,953 shares of the company’s stock after selling 11,067 shares during the quarter. RFG Advisory LLC’s holdings in Capital Group Growth ETF were worth $3,600,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. WESPAC Advisors LLC purchased a new position in shares of Capital Group Growth ETF during the 3rd quarter worth approximately $545,000. Genesis Private Wealth LLC boosted its stake in shares of Capital Group Growth ETF by 7.6% in the fourth quarter. Genesis Private Wealth LLC now owns 227,232 shares of the company’s stock valued at $10,105,000 after buying an additional 16,050 shares in the last quarter. Founders Financial Alliance LLC grew its holdings in Capital Group Growth ETF by 1,656.5% during the third quarter. Founders Financial Alliance LLC now owns 116,142 shares of the company’s stock worth $5,101,000 after acquiring an additional 109,530 shares during the period. Valmark Advisers Inc. grew its holdings in Capital Group Growth ETF by 51.2% during the fourth quarter. Valmark Advisers Inc. now owns 873,172 shares of the company’s stock worth $38,830,000 after acquiring an additional 295,543 shares during the period. Finally, Adamsbrown Wealth Consultants LLC raised its position in Capital Group Growth ETF by 1.3% in the third quarter. Adamsbrown Wealth Consultants LLC now owns 1,042,361 shares of the company’s stock worth $45,781,000 after acquiring an additional 12,990 shares in the last quarter.

Capital Group Growth ETF Stock Performance

Capital Group Growth ETF stock opened at $45.99 on Thursday. Capital Group Growth ETF has a one year low of $35.23 and a one year high of $46.03. The business has a fifty day moving average of $42.53 and a two-hundred day moving average of $43.59. The company has a market cap of $22.86 billion, a P/E 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.