Capital Group Growth ETF $CGGR Stock Position Lowered by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC lessened its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 43.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 91,358 shares of the company’s stock after selling 69,341 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Capital Group Growth ETF were worth $4,063,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Founders Financial Alliance LLC raised its stake in shares of 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 in the last quarter. Genesis Private Wealth LLC grew its holdings in shares of 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 acquiring an additional 16,050 shares during the last quarter. Valmark Advisers Inc. grew its holdings in shares of 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 acquiring an additional 295,543 shares during the last quarter. Cozad Asset Management Inc. grew its holdings in shares of 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 acquiring an additional 16,315 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Capital Group Growth ETF by 40.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,384,925 shares of the company’s stock worth $57,516,000 after acquiring an additional 400,108 shares during the last quarter.

Capital Group Growth ETF Stock Down 0.2%

Shares of NYSEARCA CGGR opened at $45.67 on Wednesday. The stock has a market capitalization of $22.70 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The stock’s fifty day simple moving average is $44.64 and its 200 day simple moving average is $43.98. Capital Group Growth ETF has a 52-week low of $38.49 and a 52-week high of $48.02.

About Capital Group Growth ETF

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.