Mutual Advisors LLC Sells 14,722 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Mutual Advisors LLC trimmed its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 18.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 66,029 shares of the company’s stock after selling 14,722 shares during the period. Mutual Advisors LLC’s holdings in Capital Group Growth ETF were worth $2,510,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Olistico Wealth LLC increased its position in shares of Capital Group Growth ETF by 8.7% during the fourth quarter. Olistico Wealth LLC now owns 105,973 shares of the company’s stock worth $3,939,000 after acquiring an additional 8,481 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Capital Group Growth ETF by 1.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 878,713 shares of the company’s stock valued at $32,662,000 after purchasing an additional 12,235 shares during the period. Westside Investment Management Inc. lifted its holdings in shares of Capital Group Growth ETF by 650.0% in the fourth quarter. Westside Investment Management Inc. now owns 4,875 shares of the company’s stock valued at $181,000 after purchasing an additional 4,225 shares in the last quarter. Magnus Financial Group LLC lifted its holdings in shares of Capital Group Growth ETF by 5.6% in the fourth quarter. Magnus Financial Group LLC now owns 85,680 shares of the company’s stock valued at $3,185,000 after purchasing an additional 4,519 shares in the last quarter. Finally, Genesis Private Wealth LLC acquired a new position in shares of Capital Group Growth ETF during the fourth quarter worth about $7,189,000.

Capital Group Growth ETF Stock Performance

Shares of Capital Group Growth ETF stock opened at $39.60 on Friday. The firm has a market cap of $6.74 billion, a PE ratio of 28.99 and a beta of 1.22. The business’s 50 day simple moving average is $37.97 and its 200 day simple moving average is $35.38. Capital Group Growth ETF has a 52-week low of $28.78 and a 52-week high of $39.60.

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.