Dynamic Advisor Solutions LLC Decreases Stake in Capital Group Growth ETF (NYSEARCA:CGGR)

Dynamic Advisor Solutions LLC cut its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 2.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 87,347 shares of the company’s stock after selling 2,200 shares during the quarter. Dynamic Advisor Solutions LLC owned approximately 0.05% of Capital Group Growth ETF worth $3,247,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC grew its stake in Capital Group Growth ETF by 24.6% in the 3rd quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock valued at $432,724,000 after buying an additional 2,456,913 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of Capital Group Growth ETF by 4.0% in the third quarter. Commonwealth Equity Services LLC now owns 9,323,101 shares of the company’s stock valued at $324,351,000 after purchasing an additional 359,838 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Capital Group Growth ETF by 3.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,771,174 shares of the company’s stock valued at $189,814,000 after purchasing an additional 194,550 shares during the period. Raymond James & Associates lifted its holdings in Capital Group Growth ETF by 15.3% during the 3rd quarter. Raymond James & Associates now owns 3,895,362 shares of the company’s stock worth $135,520,000 after purchasing an additional 517,412 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in Capital Group Growth ETF by 23.1% in the 2nd quarter. Cetera Investment Advisers now owns 3,153,822 shares of the company’s stock worth $103,729,000 after purchasing an additional 591,968 shares during the period.

Capital Group Growth ETF Trading Down 0.3 %

CGGR stock opened at $39.50 on Friday. The firm has a 50 day moving average of $38.04 and a 200-day moving average of $35.43. The firm has a market capitalization of $6.72 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 12 month low of $28.78 and a 12 month high of $39.71.

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.