IAM Advisory LLC Trims Stake in Capital Group Growth ETF (NYSEARCA:CGGR)

IAM Advisory LLC trimmed its holdings in Capital Group Growth ETF (NYSEARCA:CGGRFree Report) by 0.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 64,115 shares of the company’s stock after selling 378 shares during the quarter. Capital Group Growth ETF makes up about 0.6% of IAM Advisory LLC’s portfolio, making the stock its 25th biggest position. IAM Advisory LLC’s holdings in Capital Group Growth ETF were worth $2,383,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Cassady Schiller Wealth Management LLC purchased a new stake in Capital Group Growth ETF in the third quarter worth $25,000. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Capital Group Growth ETF in the third quarter worth about $35,000. Fairscale Capital LLC purchased a new position in Capital Group Growth ETF in the 2nd quarter worth about $39,000. Hershey Financial Advisers LLC bought a new stake in Capital Group Growth ETF during the 2nd quarter valued at about $58,000. Finally, WFA of San Diego LLC purchased a new stake in Capital Group Growth ETF in the 3rd quarter valued at about $70,000.

Capital Group Growth ETF Price Performance

Shares of CGGR stock opened at $38.50 on Friday. The company’s 50-day simple moving average is $37.84 and its two-hundred day simple moving average is $35.24. Capital Group Growth ETF has a one year low of $28.00 and a one year high of $39.36. The company has a market capitalization of $6.55 billion, a P/E ratio of 28.99 and a beta of 1.22.

Capital Group Growth ETF Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding CGGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Growth ETF (NYSEARCA:CGGRFree Report).

Institutional Ownership by Quarter for Capital Group Growth ETF (NYSEARCA:CGGR)

Receive News & Ratings for Capital Group Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.