Capital Group Growth ETF $CGGR Shares Sold by Greenbush Financial Group LLC

Greenbush Financial Group LLC trimmed its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 10.8% during the 1st quarter, Holdings Channel.com reports. The fund owned 496,413 shares of the company’s stock after selling 60,270 shares during the period. Capital Group Growth ETF accounts for 6.6% of Greenbush Financial Group LLC’s investment portfolio, making the stock its 4th biggest holding. Greenbush Financial Group LLC’s holdings in Capital Group Growth ETF were worth $19,951,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Morgan Stanley grew its stake in Capital Group Growth ETF by 94.6% during the 4th quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock valued at $1,195,293,000 after purchasing an additional 13,065,920 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of Capital Group Growth ETF by 17.7% during the fourth quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock worth $2,019,429,000 after purchasing an additional 6,814,693 shares during the period. Raymond James Financial Inc. boosted its position in Capital Group Growth ETF by 31.7% in the third 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 during the last quarter. Wells Fargo & Company MN increased its holdings in Capital Group Growth ETF by 26.2% in the 4th quarter. Wells Fargo & Company MN now owns 12,423,660 shares of the company’s stock worth $552,480,000 after buying an additional 2,580,345 shares during the period. Finally, Bank of America Corp DE increased its holdings in 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 worth $562,219,000 after buying an additional 1,322,744 shares during the period.

Capital Group Growth ETF Trading Down 0.6%

Shares of NYSEARCA CGGR opened at $46.70 on Tuesday. The company has a 50 day simple moving average of $45.66 and a two-hundred day simple moving average of $44.16. The stock has a market cap of $23.21 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 12 month low of $38.49 and a 12 month 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.