New England Capital Financial Advisors LLC Sells 69,403 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

New England Capital Financial Advisors LLC decreased its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 4.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,531,379 shares of the company’s stock after selling 69,403 shares during the quarter. Capital Group Growth ETF accounts for approximately 27.7% of New England Capital Financial Advisors LLC’s portfolio, making the stock its largest holding. New England Capital Financial Advisors LLC owned 0.90% of Capital Group Growth ETF worth $53,277,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cornerstone Wealth Management LLC grew its stake in Capital Group Growth ETF by 0.9% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 32,782 shares of the company’s stock valued at $1,140,000 after acquiring an additional 301 shares during the period. WealthCare Investment Partners LLC grew its stake in Capital Group Growth ETF by 1.2% in the 2nd quarter. WealthCare Investment Partners LLC now owns 30,415 shares of the company’s stock valued at $1,000,000 after acquiring an additional 372 shares during the period. Bill Few Associates Inc. grew its stake in Capital Group Growth ETF by 2.6% in the 3rd quarter. Bill Few Associates Inc. now owns 18,365 shares of the company’s stock valued at $639,000 after acquiring an additional 470 shares during the period. U.S. Capital Wealth Advisors LLC grew its stake in Capital Group Growth ETF by 4.5% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 11,731 shares of the company’s stock valued at $386,000 after acquiring an additional 500 shares during the period. Finally, Spire Wealth Management grew its stake in Capital Group Growth ETF by 1.4% in the 2nd quarter. Spire Wealth Management now owns 39,835 shares of the company’s stock valued at $1,310,000 after acquiring an additional 565 shares during the period.

Capital Group Growth ETF Stock Performance

Capital Group Growth ETF stock opened at $35.01 on Monday. The company’s fifty day moving average price is $34.35 and its 200 day moving average price is $32.98. Capital Group Growth ETF has a 1 year low of $24.44 and a 1 year high of $35.92. The stock has a market capitalization of $5.96 billion, a P/E ratio of 28.99 and a beta of 1.22.

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.