Prime Capital Investment Advisors LLC Sells 13,735 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Prime Capital Investment Advisors LLC trimmed its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 41.9% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 19,033 shares of the company’s stock after selling 13,735 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Capital Group Growth ETF were worth $662,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Capital Group Growth ETF during the 3rd quarter worth $35,000. GAMMA Investing LLC bought a new stake in Capital Group Growth ETF in the second quarter worth about $38,000. Fairscale Capital LLC purchased a new position in Capital Group Growth ETF in the second quarter valued at about $39,000. Hershey Financial Advisers LLC bought a new position in shares of Capital Group Growth ETF during the 2nd quarter valued at approximately $58,000. Finally, Highlander Capital Management LLC purchased a new stake in shares of Capital Group Growth ETF during the 1st quarter worth approximately $89,000.

Capital Group Growth ETF Trading Down 1.6 %

NYSEARCA:CGGR opened at $36.40 on Friday. The firm’s 50 day moving average is $35.08 and its 200 day moving average is $33.39. Capital Group Growth ETF has a 12 month low of $25.98 and a 12 month high of $37.76. The stock has a market capitalization of $6.20 billion, a PE 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.