Geneos Wealth Management Inc. Sells 646,453 Shares of Capital Group Growth ETF $CGGR

Geneos Wealth Management Inc. reduced its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 53.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 554,586 shares of the company’s stock after selling 646,453 shares during the quarter. Geneos Wealth Management Inc. owned about 0.11% of Capital Group Growth ETF worth $22,289,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Triumph Capital Management purchased a new position in shares of Capital Group Growth ETF during the third quarter valued at $29,000. Mark Sheptoff Financial Planning LLC raised its holdings in shares of Capital Group Growth ETF by 88.7% in the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock valued at $47,000 after purchasing an additional 500 shares in the last quarter. Avion Wealth bought a new stake in shares of Capital Group Growth ETF in the 4th quarter valued at about $68,000. Godfrey Financial Associates Inc. purchased a new stake in shares of Capital Group Growth ETF in the 4th quarter worth approximately $78,000. Finally, WFA of San Diego LLC purchased a new stake in shares of Capital Group Growth ETF in the 2nd quarter worth approximately $81,000.

Capital Group Growth ETF Stock Performance

NYSEARCA CGGR opened at $46.69 on Thursday. The company has a market cap of $24.67 billion, a PE ratio of 30.88 and a beta of 1.17. The firm’s 50 day moving average price is $46.43 and its 200-day moving average price is $44.40. Capital Group Growth ETF has a 52-week low of $38.55 and a 52-week high of $48.02.

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.