Capital Group Growth ETF $CGGR Shares Sold by AdvisorNet Financial Inc

AdvisorNet Financial Inc trimmed its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 9.0% in the first quarter, Holdings Channel.com reports. The fund owned 471,321 shares of the company’s stock after selling 46,379 shares during the period. Capital Group Growth ETF makes up about 1.0% of AdvisorNet Financial Inc’s holdings, making the stock its 26th largest holding. AdvisorNet Financial Inc’s holdings in Capital Group Growth ETF were worth $18,942,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Triumph Capital Management purchased a new stake in Capital Group Growth ETF during the third quarter worth $29,000. Fifth Third Bancorp grew its holdings in Capital Group Growth ETF by 285.9% in the third quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock valued at $30,000 after purchasing an additional 506 shares during the last quarter. Mark Sheptoff Financial Planning LLC increased its position in shares of Capital Group Growth ETF by 88.7% in the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock valued at $47,000 after buying an additional 500 shares in the last quarter. Provenance Wealth Advisors LLC purchased a new position in shares of Capital Group Growth ETF in the third quarter valued at $60,000. Finally, Avion Wealth acquired a new position in shares of Capital Group Growth ETF during the 4th quarter worth $68,000.

Capital Group Growth ETF Stock Down 0.6%

Capital Group Growth ETF stock opened at $46.70 on Tuesday. Capital Group Growth ETF has a 52 week low of $38.49 and a 52 week high of $48.02. The firm’s 50-day simple moving average is $45.66 and its 200 day simple moving average is $44.16. The firm has a market capitalization of $23.21 billion, a PE ratio of 30.88 and a beta of 1.17.

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.