Dynamic Advisor Solutions LLC Sells 12,703 Shares of Capital Group Growth ETF $CGGR

Dynamic Advisor Solutions LLC decreased its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 14.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 75,970 shares of the company’s stock after selling 12,703 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Capital Group Growth ETF were worth $3,337,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Eclectic Associates Inc. ADV lifted its stake in shares of Capital Group Growth ETF by 4.8% in the 3rd quarter. Eclectic Associates Inc. ADV now owns 689,169 shares of the company’s stock valued at $30,268,000 after acquiring an additional 31,738 shares during the last quarter. Fermata Advisors LLC increased its holdings in Capital Group Growth ETF by 8.6% in the 3rd quarter. Fermata Advisors LLC now owns 46,107 shares of the company’s stock worth $2,025,000 after purchasing an additional 3,632 shares in the last quarter. NavPoint Financial Inc. raised its position in Capital Group Growth ETF by 2.3% in the third quarter. NavPoint Financial Inc. now owns 26,178 shares of the company’s stock valued at $1,150,000 after purchasing an additional 580 shares during the last quarter. Genesis Private Wealth LLC boosted its stake in shares of Capital Group Growth ETF by 1.1% during the third quarter. Genesis Private Wealth LLC now owns 211,182 shares of the company’s stock valued at $9,275,000 after purchasing an additional 2,383 shares in the last quarter. Finally, Armstrong Advisory Group Inc. bought a new stake in shares of Capital Group Growth ETF during the third quarter worth about $52,000.

Capital Group Growth ETF Price Performance

Capital Group Growth ETF stock opened at $44.46 on Friday. The business has a 50 day moving average of $44.04 and a 200-day moving average of $42.54. The company has a market capitalization of $17.81 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 1 year low of $29.23 and a 1 year high of $45.83.

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.