IAM Advisory LLC Lowers Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

IAM Advisory LLC decreased its position in Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 0.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,571 shares of the company’s stock after selling 544 shares during the period. Capital Group Growth ETF makes up approximately 0.6% of IAM Advisory LLC’s holdings, making the stock its 29th biggest position. IAM Advisory LLC’s holdings in Capital Group Growth ETF were worth $2,177,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CGGR. Quadrant Capital Group LLC bought a new position in shares of Capital Group Growth ETF in the fourth quarter worth approximately $25,000. Oakworth Capital Inc. bought a new position in Capital Group Growth ETF in the 4th quarter valued at approximately $33,000. Whipplewood Advisors LLC bought a new position in Capital Group Growth ETF in the 4th quarter valued at approximately $33,000. Capital A Wealth Management LLC purchased a new stake in Capital Group Growth ETF during the 4th quarter valued at $34,000. Finally, Larson Financial Group LLC purchased a new stake in Capital Group Growth ETF during the 4th quarter valued at $38,000.

Capital Group Growth ETF Price Performance

CGGR stock opened at $38.58 on Friday. The stock has a market capitalization of $12.07 billion, a P/E ratio of 29.42 and a beta of 1.16. Capital Group Growth ETF has a 1-year low of $29.23 and a 1-year high of $39.96. The business has a fifty day moving average price of $35.34 and a 200-day moving average price of $36.86.

Capital Group Growth ETF Company 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.

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