Advisory Services Network LLC Boosts Position in Capital Group Growth ETF $CGGR

Advisory Services Network LLC grew its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 28.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 277,003 shares of the company’s stock after buying an additional 60,583 shares during the quarter. Advisory Services Network LLC owned 0.08% of Capital Group Growth ETF worth $11,559,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Meridian Wealth Management LLC lifted its holdings in shares of Capital Group Growth ETF by 0.4% in the second quarter. Meridian Wealth Management LLC now owns 72,775 shares of the company’s stock valued at $2,958,000 after purchasing an additional 261 shares in the last quarter. Professional Financial Advisors LLC boosted its stake in shares of Capital Group Growth ETF by 0.9% during the second quarter. Professional Financial Advisors LLC now owns 31,051 shares of the company’s stock valued at $1,262,000 after acquiring an additional 272 shares during the last quarter. Prosperity Financial Group Inc. increased its position in Capital Group Growth ETF by 4.5% during the 2nd quarter. Prosperity Financial Group Inc. now owns 6,525 shares of the company’s stock worth $265,000 after purchasing an additional 281 shares in the last quarter. Visionary Wealth Advisors raised its stake in Capital Group Growth ETF by 2.9% in the 2nd quarter. Visionary Wealth Advisors now owns 12,601 shares of the company’s stock valued at $512,000 after purchasing an additional 358 shares during the last quarter. Finally, Trilogy Capital Inc. boosted its stake in shares of Capital Group Growth ETF by 2.8% during the 2nd quarter. Trilogy Capital Inc. now owns 13,428 shares of the company’s stock worth $546,000 after purchasing an additional 367 shares during the last quarter.

Capital Group Growth ETF Stock Down 1.5%

Shares of Capital Group Growth ETF stock opened at $44.14 on Friday. The business’s fifty day moving average is $44.06 and its two-hundred day moving average is $42.37. The firm has a market cap of $17.68 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a fifty-two week low of $29.23 and a fifty-two week high of $45.83.

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.