Capital Group Growth ETF $CGGR is Ballew Advisors Inc’s 2nd Largest Position

Ballew Advisors Inc lifted its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 10.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 292,389 shares of the company’s stock after buying an additional 27,507 shares during the quarter. Capital Group Growth ETF makes up about 7.1% of Ballew Advisors Inc’s holdings, making the stock its 2nd biggest holding. Ballew Advisors Inc owned 0.08% of Capital Group Growth ETF worth $12,815,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC increased its stake in Capital Group Growth ETF by 6.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 12,435,851 shares of the company’s stock valued at $505,517,000 after purchasing an additional 758,297 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Capital Group Growth ETF by 0.6% during the 2nd quarter. Bank of America Corp DE now owns 11,478,224 shares of the company’s stock valued at $466,590,000 after acquiring an additional 72,811 shares during the period. Envestnet Asset Management Inc. raised its holdings in Capital Group Growth ETF by 29.0% during the second quarter. Envestnet Asset Management Inc. now owns 10,446,012 shares of the company’s stock valued at $424,630,000 after acquiring an additional 2,346,788 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Capital Group Growth ETF by 14.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,407,693 shares of the company’s stock valued at $423,073,000 after buying an additional 1,333,201 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of Capital Group Growth ETF by 8.8% in the second quarter. Raymond James Financial Inc. now owns 8,464,909 shares of the company’s stock worth $344,099,000 after buying an additional 687,152 shares in the last quarter.

Capital Group Growth ETF Stock Up 0.3%

CGGR stock opened at $45.18 on Thursday. The firm has a market capitalization of $18.10 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 52 week low of $29.23 and a 52 week high of $45.83. The company has a fifty day simple moving average of $44.10 and a two-hundred day simple moving average of $42.70.

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.