Atlas Legacy Advisors LLC Sells 12,710 Shares of Capital Group Growth ETF $CGGR

Atlas Legacy Advisors LLC lowered its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 23.1% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 42,328 shares of the company’s stock after selling 12,710 shares during the quarter. Atlas Legacy Advisors LLC’s holdings in Capital Group Growth ETF were worth $1,719,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of CGGR. Exchange Traded Concepts LLC purchased a new position in Capital Group Growth ETF in the second quarter valued at approximately $921,000. Lantz Financial LLC raised its stake in shares of Capital Group Growth ETF by 2.5% in the second quarter. Lantz Financial LLC now owns 95,277 shares of the company’s stock valued at $3,873,000 after buying an additional 2,356 shares during the period. Legacy Solutions LLC raised its stake in shares of Capital Group Growth ETF by 2.1% in the second quarter. Legacy Solutions LLC now owns 158,030 shares of the company’s stock valued at $6,424,000 after buying an additional 3,205 shares during the period. Castle Rock Wealth Management LLC purchased a new position in shares of Capital Group Growth ETF during the 2nd quarter valued at $233,000. Finally, Belpointe Asset Management LLC grew its stake in shares of Capital Group Growth ETF by 11.8% during the 1st quarter. Belpointe Asset Management LLC now owns 14,631 shares of the company’s stock worth $501,000 after acquiring an additional 1,544 shares during the period.

Capital Group Growth ETF Stock Performance

Shares of CGGR opened at $43.47 on Friday. Capital Group Growth ETF has a fifty-two week low of $29.23 and a fifty-two week high of $45.83. The business has a 50-day moving average of $43.97 and a 200 day moving average of $40.95. The firm has a market cap of $17.41 billion, a P/E ratio of 30.88 and a beta of 1.17.

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.