Flynn Zito Capital Management LLC lessened its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 5.3% in the third quarter, Holdings Channel.com reports. The institutional investor owned 217,337 shares of the company’s stock after selling 12,142 shares during the period. Capital Group Growth ETF makes up 2.7% of Flynn Zito Capital Management LLC’s holdings, making the stock its 11th biggest holding. Flynn Zito Capital Management LLC’s holdings in Capital Group Growth ETF were worth $10,308,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. Kestra Investment Management LLC lifted its holdings in Capital Group Growth ETF by 11.7% in the third quarter. Kestra Investment Management LLC now owns 3,155,244 shares of the company’s stock valued at $149,653,000 after buying an additional 330,731 shares during the period. AlphaCore Capital LLC boosted its position in Capital Group Growth ETF by 1.3% during the third quarter. AlphaCore Capital LLC now owns 59,189 shares of the company’s stock valued at $2,807,000 after acquiring an additional 752 shares during the last quarter. M Holdings Securities Inc. boosted its position in Capital Group Growth ETF by 3.9% during the third quarter. M Holdings Securities Inc. now owns 28,497 shares of the company’s stock valued at $1,328,000 after acquiring an additional 1,060 shares during the last quarter. J. Derek Lewis & Associates Inc. boosted its position in Capital Group Growth ETF by 2.4% during the third quarter. J. Derek Lewis & Associates Inc. now owns 557,309 shares of the company’s stock valued at $26,421,000 after acquiring an additional 12,832 shares during the last quarter. Finally, Summit Investment Advisory Services LLC grew its holdings in Capital Group Growth ETF by 2.6% during the 3rd quarter. Summit Investment Advisory Services LLC now owns 958,358 shares of the company’s stock worth $45,455,000 after acquiring an additional 24,286 shares during the period.
Capital Group Growth ETF Trading Up 3.0%
Shares of Capital Group Growth ETF stock opened at $46.15 on Tuesday. The business has a 50-day moving average price of $46.99 and a two-hundred day moving average price of $45.28. Capital Group Growth ETF has a 1-year low of $38.55 and a 1-year high of $48.69. The company has a market cap of $25.62 billion, a P/E ratio of 30.88 and a beta of 1.18.
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.
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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:CGGR – Free Report).
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