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

Silverlake Wealth Management LLC lessened its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 13.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,584 shares of the company’s stock after selling 3,483 shares during the period. Silverlake Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $839,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in CGGR. LPL Financial LLC raised its holdings in shares of Capital Group Growth ETF by 24.6% during the third 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 during the last quarter. Summit Investment Advisory Services LLC bought a new stake in Capital Group Growth ETF during the third quarter worth approximately $27,099,000. Signature Estate & Investment Advisors LLC raised its holdings in Capital Group Growth ETF by 24.7% during the third quarter. Signature Estate & Investment Advisors LLC now owns 2,957,191 shares of the company’s stock worth $102,881,000 after purchasing an additional 586,545 shares in the last quarter. Alpha Financial Advisors LLC bought a new stake in Capital Group Growth ETF during the fourth quarter worth approximately $20,431,000. Finally, Raymond James & Associates raised its holdings in Capital Group Growth ETF by 15.3% during the third 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.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA:CGGR opened at $39.40 on Wednesday. Capital Group Growth ETF has a 12 month low of $29.42 and a 12 month high of $39.95. The stock has a market cap of $6.71 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. The stock’s 50 day moving average price is $38.30 and its 200 day moving average price is $35.72.

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.