Capital Group Growth ETF $CGGR Stock Holdings Reduced by BlueChip Wealth Advisors LLC

BlueChip Wealth Advisors LLC reduced its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 8.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 143,737 shares of the company’s stock after selling 13,820 shares during the period. Capital Group Growth ETF comprises about 2.5% of BlueChip Wealth Advisors LLC’s holdings, making the stock its 11th largest position. BlueChip Wealth Advisors LLC’s holdings in Capital Group Growth ETF were worth $5,777,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Genesis Private Wealth LLC grew its holdings in Capital Group Growth ETF by 7.6% during the fourth quarter. Genesis Private Wealth LLC now owns 227,232 shares of the company’s stock valued at $10,105,000 after purchasing an additional 16,050 shares during the last quarter. Valmark Advisers Inc. lifted its stake in shares of Capital Group Growth ETF by 51.2% in the fourth quarter. Valmark Advisers Inc. now owns 873,172 shares of the company’s stock worth $38,830,000 after buying an additional 295,543 shares during the last quarter. Saxony Capital Management LLC boosted its holdings in shares of Capital Group Growth ETF by 88.3% during the 4th quarter. Saxony Capital Management LLC now owns 41,117 shares of the company’s stock worth $1,828,000 after buying an additional 19,278 shares during the period. WJ Wealth Management LLC bought a new stake in shares of Capital Group Growth ETF during the 3rd quarter worth $6,768,000. Finally, Oxinas Partners LLC grew its stake in Capital Group Growth ETF by 761.6% in the 4th quarter. Oxinas Partners LLC now owns 82,334 shares of the company’s stock valued at $3,661,000 after buying an additional 72,778 shares during the last quarter.

Capital Group Growth ETF Price Performance

Shares of CGGR opened at $46.64 on Wednesday. The company has a market capitalization of $24.64 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a one year low of $38.55 and a one year high of $48.02. The company’s fifty day moving average price is $46.41 and its 200 day moving average price is $44.39.

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.