Capital Group Growth ETF (NYSEARCA:CGGR) Shares Sold by Silverlake Wealth Management LLC

Silverlake Wealth Management LLC trimmed its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 2.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 26,067 shares of the company’s stock after selling 563 shares during the period. Silverlake Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $907,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Capital Group Private Client Services Inc. boosted its holdings in shares of Capital Group Growth ETF by 14.5% in the first quarter. Capital Group Private Client Services Inc. now owns 15,759,357 shares of the company’s stock worth $504,142,000 after buying an additional 1,990,616 shares during the period. LPL Financial LLC grew its position in Capital Group Growth ETF by 11.3% during the 2nd quarter. LPL Financial LLC now owns 9,981,257 shares of the company’s stock worth $328,284,000 after purchasing an additional 1,016,246 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in Capital Group Growth ETF by 6.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 8,963,263 shares of the company’s stock valued at $294,802,000 after purchasing an additional 536,251 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Capital Group Growth ETF by 3.5% in the second 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 in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of Capital Group Growth ETF by 27.6% in the second quarter. Envestnet Asset Management Inc. now owns 5,077,593 shares of the company’s stock worth $167,002,000 after buying an additional 1,099,783 shares during the period.

Capital Group Growth ETF Stock Performance

NYSEARCA:CGGR traded up $0.22 during trading hours on Friday, hitting $35.44. 1,285,878 shares of the company’s stock traded hands, compared to its average volume of 1,186,219. The stock’s fifty day moving average price is $33.50 and its two-hundred day moving average price is $32.60. The firm has a market cap of $6.03 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a twelve month low of $23.34 and a twelve month high of $35.47.

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.