Calton & Associates Inc. cut its stake in Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 5.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 105,211 shares of the company’s stock after selling 5,790 shares during the quarter. Capital Group Growth ETF makes up approximately 1.7% of Calton & Associates Inc.’s portfolio, making the stock its 13th biggest holding. Calton & Associates Inc.’s holdings in Capital Group Growth ETF were worth $3,911,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of CGGR. Cassady Schiller Wealth Management LLC purchased a new position in Capital Group Growth ETF in the 3rd quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in Capital Group Growth ETF in the third quarter valued at $35,000. WFA of San Diego LLC acquired a new stake in Capital Group Growth ETF in the third quarter valued at $70,000. Harbor Investment Advisory LLC purchased a new position in shares of Capital Group Growth ETF in the fourth quarter valued at $80,000. Finally, Ashton Thomas Securities LLC acquired a new position in shares of Capital Group Growth ETF during the 3rd quarter worth $95,000.
Capital Group Growth ETF Trading Up 0.9 %
Shares of NYSEARCA CGGR opened at $39.39 on Friday. The company’s 50-day moving average price is $38.20 and its 200 day moving average price is $35.57. Capital Group Growth ETF has a 52 week low of $28.78 and a 52 week high of $39.71. The stock has a market cap of $6.70 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22.
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.
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Want to see what other hedge funds are holding CGGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Growth ETF (NYSEARCA:CGGR – Free Report).
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