Capital Group Growth ETF $CGGR Shares Sold by SOL Capital Management CO

SOL Capital Management CO lessened its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 6.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 635,354 shares of the company’s stock after selling 42,963 shares during the quarter. Capital Group Growth ETF comprises approximately 2.5% of SOL Capital Management CO’s holdings, making the stock its 2nd largest position. SOL Capital Management CO owned approximately 0.14% of Capital Group Growth ETF worth $28,254,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Capital Group Private Client Services Inc. raised its stake in shares of Capital Group Growth ETF by 5.3% in the 3rd quarter. Capital Group Private Client Services Inc. now owns 23,440,414 shares of the company’s stock worth $1,029,503,000 after buying an additional 1,178,520 shares in the last quarter. Bank of America Corp DE raised its stake in shares of 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 in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Capital Group Growth ETF by 2.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 12,707,821 shares of the company’s stock worth $558,128,000 after buying an additional 271,970 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Capital Group Growth ETF by 15.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 12,051,258 shares of the company’s stock worth $529,291,000 after buying an additional 1,605,246 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Capital Group Growth ETF by 9.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 11,374,810 shares of the company’s stock worth $499,582,000 after buying an additional 967,117 shares in the last quarter.

Capital Group Growth ETF Stock Performance

CGGR opened at $44.28 on Wednesday. Capital Group Growth ETF has a one year low of $33.92 and a one year high of $45.83. The stock’s fifty day moving average is $42.37 and its 200-day moving average is $43.56. The company has a market capitalization of $21.88 billion, a PE ratio of 30.88 and a beta of 1.18.

Capital Group Growth ETF Company 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.