Sanctuary Advisors LLC Decreases Stake in Capital Group Growth ETF (NYSEARCA:CGGR)

Sanctuary Advisors LLC reduced its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 1.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 799,657 shares of the company’s stock after selling 15,467 shares during the period. Sanctuary Advisors LLC owned about 0.47% of Capital Group Growth ETF worth $31,498,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of CGGR. LPL Financial LLC increased its stake in Capital Group Growth ETF by 24.6% in the 3rd quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock worth $432,724,000 after purchasing an additional 2,456,913 shares during the period. Signature Estate & Investment Advisors LLC grew its position in shares of Capital Group Growth ETF by 24.7% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 2,957,191 shares of the company’s stock worth $102,881,000 after buying an additional 586,545 shares during the last quarter. Alpha Financial Advisors LLC bought a new stake in shares of Capital Group Growth ETF in the 4th quarter worth approximately $20,431,000. Raymond James & Associates grew its position in shares of Capital Group Growth ETF by 15.3% in the 3rd quarter. Raymond James & Associates now owns 3,895,362 shares of the company’s stock worth $135,520,000 after buying an additional 517,412 shares during the last quarter. Finally, MML Investors Services LLC grew its position in shares of Capital Group Growth ETF by 20.5% in the 3rd quarter. MML Investors Services LLC now owns 2,688,825 shares of the company’s stock worth $93,544,000 after buying an additional 456,991 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $39.84 on Monday. The firm has a market cap of $6.78 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a fifty-two week low of $29.70 and a fifty-two week high of $39.95. The business’s 50 day moving average price is $38.54 and its 200-day moving average price is $36.12.

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.