Everpar Advisors LLC Decreases Holdings in Capital Group Growth ETF $CGGR

Everpar Advisors LLC decreased its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 28.5% in the second quarter, Holdings Channel.com reports. The firm owned 35,386 shares of the company’s stock after selling 14,108 shares during the period. Everpar Advisors LLC’s holdings in Capital Group Growth ETF were worth $1,670,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. LPL Financial LLC boosted its position in Capital Group Growth ETF by 17.7% during the fourth quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock valued at $2,019,429,000 after buying an additional 6,814,693 shares during the period. Morgan Stanley increased its holdings in shares of Capital Group Growth ETF by 94.6% in the fourth quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock worth $1,195,293,000 after buying an additional 13,065,920 shares during the period. Capital Group Private Client Services Inc. lifted its stake in shares of Capital Group Growth ETF by 2.5% in the 4th quarter. Capital Group Private Client Services Inc. now owns 24,026,194 shares of the company’s stock valued at $1,068,445,000 after acquiring an additional 585,780 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Capital Group Growth ETF by 10.3% in the 1st quarter. Bank of America Corp DE now owns 14,193,836 shares of the company’s stock valued at $570,450,000 after acquiring an additional 1,320,686 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in Capital Group Growth ETF by 3.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 13,193,475 shares of the company’s stock valued at $586,714,000 after acquiring an additional 485,654 shares during the period.

Capital Group Growth ETF Price Performance

Shares of CGGR stock opened at $46.96 on Friday. The business has a 50-day moving average of $46.13 and a 200 day moving average of $44.46. Capital Group Growth ETF has a 1-year low of $38.55 and a 1-year high of $48.02. The stock has a market capitalization of $25.27 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.