Cornerstone Wealth Management LLC Sells 1,100 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Cornerstone Wealth Management LLC lessened its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 3.3% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,906 shares of the company’s stock after selling 1,100 shares during the period. Cornerstone Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $1,021,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of CGGR. Northwest Capital Management Inc bought a new stake in Capital Group Growth ETF during the fourth quarter worth about $32,000. Tennessee Valley Asset Management Partners bought a new stake in Capital Group Growth ETF during the fourth quarter worth about $33,000. Transcendent Capital Group LLC bought a new stake in Capital Group Growth ETF during the fourth quarter worth about $33,000. Winch Advisory Services LLC raised its holdings in Capital Group Growth ETF by 218.7% during the fourth quarter. Winch Advisory Services LLC now owns 1,463 shares of the company’s stock worth $41,000 after acquiring an additional 1,004 shares in the last quarter. Finally, Pinnacle Bancorp Inc. raised its holdings in Capital Group Growth ETF by 150.0% during the fourth quarter. Pinnacle Bancorp Inc. now owns 1,500 shares of the company’s stock worth $42,000 after acquiring an additional 900 shares in the last quarter.

Capital Group Growth ETF Trading Up 0.8 %

NYSEARCA:CGGR traded up $0.25 on Thursday, hitting $33.51. The company’s stock had a trading volume of 799,949 shares, compared to its average volume of 1,221,963. The stock has a fifty day moving average of $32.01 and a two-hundred day moving average of $30.76. The firm has a market capitalization of $5.70 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a one year low of $23.34 and a one year high of $33.52.

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.