Dynamic Advisor Solutions LLC Decreases Stake in Capital Group Growth ETF $CGGR

Dynamic Advisor Solutions LLC cut its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 51.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 36,619 shares of the company’s stock after selling 39,351 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Capital Group Growth ETF were worth $1,628,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Hazlett Burt & Watson Inc. raised its holdings in Capital Group Growth ETF by 806.5% in the third quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock valued at $25,000 after acquiring an additional 500 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in Capital Group Growth ETF during the 3rd quarter worth approximately $25,000. New Millennium Group LLC acquired a new position in Capital Group Growth ETF during the 3rd quarter worth approximately $25,000. Triumph Capital Management purchased a new stake in shares of Capital Group Growth ETF in the 3rd quarter valued at approximately $29,000. Finally, Fifth Third Bancorp increased its position in shares of Capital Group Growth ETF by 285.9% in the 3rd quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock valued at $30,000 after purchasing an additional 506 shares during the last quarter.

Capital Group Growth ETF Trading Down 0.9%

Shares of CGGR opened at $40.70 on Wednesday. The firm has a market capitalization of $18.03 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The firm’s fifty day simple moving average is $43.21 and its 200-day simple moving average is $43.86. Capital Group Growth ETF has a twelve month low of $29.23 and a twelve month high of $45.83.

Capital Group Growth ETF 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.