Everpar Advisors LLC Sells 14,108 Shares of Capital Group Growth ETF $CGGR

Everpar Advisors LLC lessened its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 28.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,386 shares of the company’s stock after selling 14,108 shares during the period. Everpar Advisors LLC’s holdings in Capital Group Growth ETF were worth $1,670,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in CGGR. Triumph Capital Management bought a new stake in shares of Capital Group Growth ETF during the 3rd quarter worth $29,000. Mark Sheptoff Financial Planning LLC grew its position in Capital Group Growth ETF by 88.7% in the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock worth $47,000 after acquiring an additional 500 shares in the last quarter. Avion Wealth bought a new position in Capital Group Growth ETF in the fourth quarter valued at $68,000. Godfrey Financial Associates Inc. bought a new position in Capital Group Growth ETF in the fourth quarter valued at $78,000. Finally, Beacon Financial Strategies CORP purchased a new stake in Capital Group Growth ETF during the second quarter valued at about $80,000.

Capital Group Growth ETF Stock Up 0.9%

Shares of CGGR stock opened at $46.96 on Friday. The business has a 50-day moving average price of $46.13 and a two-hundred day moving average price of $44.46. Capital Group Growth ETF has a 12-month low of $38.55 and a 12-month high of $48.02. The firm has a market cap of $25.27 billion, a P/E ratio of 30.88 and a beta of 1.18.

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.