Gutierrez Wealth Advisory LLC Sells 10,574 Shares of Capital Group Growth ETF $CGGR

Gutierrez Wealth Advisory LLC trimmed its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 3.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 347,156 shares of the company’s stock after selling 10,574 shares during the period. Capital Group Growth ETF makes up approximately 9.5% of Gutierrez Wealth Advisory LLC’s holdings, making the stock its 2nd biggest holding. Gutierrez Wealth Advisory LLC’s holdings in Capital Group Growth ETF were worth $14,112,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Accel Wealth Management raised its position in shares of Capital Group Growth ETF by 21.0% in the 2nd quarter. Accel Wealth Management now owns 52,502 shares of the company’s stock valued at $2,134,000 after acquiring an additional 9,109 shares during the period. Oak Hill Wealth Advisors LLC raised its holdings in Capital Group Growth ETF by 26.1% during the 2nd quarter. Oak Hill Wealth Advisors LLC now owns 24,917 shares of the company’s stock worth $1,009,000 after buying an additional 5,151 shares during the period. Financial Council LLC raised its holdings in Capital Group Growth ETF by 1.1% during the 2nd quarter. Financial Council LLC now owns 432,606 shares of the company’s stock worth $17,585,000 after buying an additional 4,879 shares during the period. Barrett & Company Inc. lifted its stake in Capital Group Growth ETF by 11.6% in the second quarter. Barrett & Company Inc. now owns 64,398 shares of the company’s stock valued at $2,618,000 after buying an additional 6,700 shares in the last quarter. Finally, Warner Financial Inc. boosted its holdings in shares of Capital Group Growth ETF by 3.5% in the second quarter. Warner Financial Inc. now owns 36,227 shares of the company’s stock valued at $1,473,000 after buying an additional 1,236 shares during the period.

Capital Group Growth ETF Price Performance

Shares of CGGR stock opened at $44.24 on Friday. The firm has a fifty day moving average of $42.78 and a 200-day moving average of $39.14. Capital Group Growth ETF has a 12-month low of $29.23 and a 12-month high of $44.71. The company has a market capitalization of $16.82 billion, a price-to-earnings ratio of 30.88 and a beta of 1.09.

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.