Dynamic Advisor Solutions LLC Sells 2,200 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Dynamic Advisor Solutions LLC reduced its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 2.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 87,347 shares of the company’s stock after selling 2,200 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Capital Group Growth ETF were worth $3,247,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Park Avenue Securities LLC raised its position in shares of Capital Group Growth ETF by 15.1% in the 4th quarter. Park Avenue Securities LLC now owns 19,905 shares of the company’s stock worth $740,000 after purchasing an additional 2,610 shares during the last quarter. McNamara Financial Services Inc. increased its stake in Capital Group Growth ETF by 44.5% during the 3rd quarter. McNamara Financial Services Inc. now owns 10,414 shares of the company’s stock valued at $362,000 after purchasing an additional 3,209 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Capital Group Growth ETF by 17.9% in the third quarter. JPMorgan Chase & Co. now owns 484,569 shares of the company’s stock worth $16,858,000 after buying an additional 73,399 shares during the last quarter. Creative Planning grew its holdings in shares of Capital Group Growth ETF by 12.9% during the third quarter. Creative Planning now owns 24,676 shares of the company’s stock valued at $858,000 after buying an additional 2,818 shares during the last quarter. Finally, Stephens Inc. AR bought a new stake in shares of Capital Group Growth ETF during the third quarter valued at approximately $655,000.

Capital Group Growth ETF Trading Down 0.3 %

Capital Group Growth ETF stock opened at $39.50 on Friday. Capital Group Growth ETF has a 12 month low of $28.78 and a 12 month high of $39.71. The stock has a fifty day simple moving average of $38.04 and a two-hundred day simple moving average of $35.43. The firm has a market cap of $6.72 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22.

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.