Thurston Springer Miller Herd & Titak Inc. decreased its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 76.3% during the third quarter, HoldingsChannel reports. The firm owned 10,422 shares of the company’s stock after selling 33,637 shares during the quarter. Capital Group Growth ETF makes up about 0.8% of Thurston Springer Miller Herd & Titak Inc.’s investment portfolio, making the stock its 19th largest position. Thurston Springer Miller Herd & Titak Inc.’s holdings in Capital Group Growth ETF were worth $494,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Canandaigua National Trust Co of Florida purchased a new stake in Capital Group Growth ETF during the 3rd quarter valued at about $1,470,000. Stonebridge Financial Group LLC raised its stake in shares of Capital Group Growth ETF by 5.9% in the third quarter. Stonebridge Financial Group LLC now owns 469,504 shares of the company’s stock worth $22,269,000 after purchasing an additional 26,343 shares during the last quarter. Private Client Services LLC purchased a new position in shares of Capital Group Growth ETF in the second quarter worth about $1,297,000. Johnson Bixby & Associates LLC raised its stake in shares of Capital Group Growth ETF by 2.1% in the first quarter. Johnson Bixby & Associates LLC now owns 1,424,119 shares of the company’s stock worth $57,235,000 after purchasing an additional 29,362 shares during the last quarter. Finally, Richards Merrill & Peterson Inc. lifted its holdings in shares of Capital Group Growth ETF by 21.4% during the first quarter. Richards Merrill & Peterson Inc. now owns 84,742 shares of the company’s stock worth $3,406,000 after purchasing an additional 14,965 shares during the period.
Capital Group Growth ETF Trading Down 1.7%
NYSEARCA CGGR traded down $0.81 on Wednesday, hitting $47.34. 1,105,628 shares of the company’s stock traded hands, compared to its average volume of 3,056,237. The firm’s 50-day moving average price is $47.23 and its two-hundred day moving average price is $45.86. Capital Group Growth ETF has a 1-year low of $38.55 and a 1-year high of $48.69. The firm has a market capitalization of $26.12 billion, a PE ratio of 30.88 and a beta of 1.18.
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.
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