CENTRAL TRUST Co Sells 3,985 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

CENTRAL TRUST Co trimmed its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 6.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 61,419 shares of the company’s stock after selling 3,985 shares during the quarter. CENTRAL TRUST Co’s holdings in Capital Group Growth ETF were worth $2,283,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of CGGR. LPL Financial LLC boosted its stake in Capital Group Growth ETF by 24.6% during the third quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock worth $432,724,000 after acquiring an additional 2,456,913 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of Capital Group Growth ETF by 4.0% during the third quarter. Commonwealth Equity Services LLC now owns 9,323,101 shares of the company’s stock valued at $324,351,000 after purchasing an additional 359,838 shares during the period. Raymond James & Associates raised its holdings in shares of Capital Group Growth ETF by 15.3% during the third quarter. Raymond James & Associates now owns 3,895,362 shares of the company’s stock valued at $135,520,000 after purchasing an additional 517,412 shares during the period. Signature Estate & Investment Advisors LLC boosted its position in shares of Capital Group Growth ETF by 24.7% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 2,957,191 shares of the company’s stock worth $102,881,000 after purchasing an additional 586,545 shares in the last quarter. Finally, MML Investors Services LLC grew its stake in shares of Capital Group Growth ETF by 20.5% in the 3rd quarter. MML Investors Services LLC now owns 2,688,825 shares of the company’s stock valued at $93,544,000 after buying an additional 456,991 shares during the period.

Capital Group Growth ETF Stock Performance

CGGR stock opened at $39.31 on Monday. The stock’s 50 day simple moving average is $38.23 and its 200 day simple moving average is $35.63. The company has a market cap of $6.69 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a fifty-two week low of $28.78 and a fifty-two week high of $39.95.

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.