Dynamic Advisor Solutions LLC Sells 12,703 Shares of Capital Group Growth ETF $CGGR

Dynamic Advisor Solutions LLC reduced its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 14.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 75,970 shares of the company’s stock after selling 12,703 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Capital Group Growth ETF were worth $3,337,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Envestnet Asset Management Inc. boosted its position in Capital Group Growth ETF by 29.0% during the second quarter. Envestnet Asset Management Inc. now owns 10,446,012 shares of the company’s stock worth $424,630,000 after purchasing an additional 2,346,788 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Capital Group Growth ETF by 14.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,407,693 shares of the company’s stock worth $423,073,000 after buying an additional 1,333,201 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of Capital Group Growth ETF by 25.2% during the 2nd quarter. Cetera Investment Advisers now owns 6,196,806 shares of the company’s stock worth $251,900,000 after buying an additional 1,247,558 shares during the period. Jones Financial Companies Lllp grew its stake in Capital Group Growth ETF by 49.3% in the 1st quarter. Jones Financial Companies Lllp now owns 3,322,912 shares of the company’s stock valued at $113,975,000 after buying an additional 1,097,272 shares during the last quarter. Finally, Great Valley Advisor Group Inc. grew its stake in Capital Group Growth ETF by 1,086.2% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 1,093,942 shares of the company’s stock valued at $44,468,000 after buying an additional 1,001,716 shares during the last quarter.

Capital Group Growth ETF Stock Up 1.1%

Capital Group Growth ETF stock opened at $44.46 on Friday. The company’s 50-day moving average price is $44.04 and its two-hundred day moving average price is $42.54. The stock has a market cap of $17.81 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a twelve month low of $29.23 and a twelve month high of $45.83.

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.