AdvisorNet Financial Inc Has $23.02 Million Holdings in Capital Group Growth ETF $CGGR

AdvisorNet Financial Inc grew its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 3.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 517,700 shares of the company’s stock after purchasing an additional 14,886 shares during the period. Capital Group Growth ETF makes up approximately 1.2% of AdvisorNet Financial Inc’s investment portfolio, making the stock its 18th largest holding. AdvisorNet Financial Inc owned 0.12% of Capital Group Growth ETF worth $23,022,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Hazlett Burt & Watson Inc. raised its holdings in shares of Capital Group Growth ETF by 806.5% in the third quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in Capital Group Growth ETF in the third quarter valued at $25,000. New Millennium Group LLC acquired a new stake in Capital Group Growth ETF in the 3rd quarter valued at $25,000. Triumph Capital Management bought a new stake in Capital Group Growth ETF during the 3rd quarter worth about $29,000. Finally, Fifth Third Bancorp lifted its position in Capital Group Growth ETF by 285.9% during the 3rd quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock worth $30,000 after buying an additional 506 shares in the last quarter.

Capital Group Growth ETF Price Performance

Capital Group Growth ETF stock opened at $40.41 on Friday. The company has a market cap of $19.52 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The firm has a 50-day moving average of $42.47 and a 200-day moving average of $43.66. Capital Group Growth ETF has a one year low of $29.23 and a one year 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.