Capital Group Growth ETF (NYSEARCA:CGGR) Stock Holdings Decreased by PFG Advisors

PFG Advisors cut its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 0.9% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 375,765 shares of the company’s stock after selling 3,268 shares during the period. Capital Group Growth ETF comprises approximately 0.8% of PFG Advisors’ holdings, making the stock its 20th largest position. PFG Advisors owned approximately 0.22% of Capital Group Growth ETF worth $12,359,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC acquired a new stake in Capital Group Growth ETF in the second quarter valued at approximately $38,000. Transcendent Capital Group LLC acquired a new stake in shares of Capital Group Growth ETF in the fourth quarter worth $33,000. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Capital Group Growth ETF by 146.5% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,282 shares of the company’s stock worth $41,000 after buying an additional 762 shares during the last quarter. Clear Investment Research LLC acquired a new stake in shares of Capital Group Growth ETF in the first quarter worth $47,000. Finally, FinTrust Capital Advisors LLC acquired a new stake in shares of Capital Group Growth ETF in the fourth quarter worth $42,000.

Capital Group Growth ETF Trading Up 1.6 %

Shares of Capital Group Growth ETF stock opened at $32.92 on Thursday. The stock has a market capitalization of $5.60 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 1-year low of $23.34 and a 1-year high of $34.10. The firm has a fifty day simple moving average of $32.87 and a 200-day simple moving average of $32.14.

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.