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

Capital Investment Advisory Services LLC grew its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 57.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 38,570 shares of the company’s stock after buying an additional 14,081 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in Capital Group Growth ETF were worth $1,715,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Capital Group Private Client Services Inc. boosted its stake in shares of Capital Group Growth ETF by 5.3% in the third quarter. Capital Group Private Client Services Inc. now owns 23,440,414 shares of the company’s stock worth $1,029,503,000 after acquiring an additional 1,178,520 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Capital Group Growth ETF by 11.5% in the third quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock worth $562,219,000 after acquiring an additional 1,322,744 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Capital Group Growth ETF by 2.2% in the third quarter. Commonwealth Equity Services LLC now owns 12,707,821 shares of the company’s stock worth $558,128,000 after acquiring an additional 271,970 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Capital Group Growth ETF by 15.4% in the third quarter. Envestnet Asset Management Inc. now owns 12,051,258 shares of the company’s stock worth $529,291,000 after acquiring an additional 1,605,246 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Capital Group Growth ETF by 9.3% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 11,374,810 shares of the company’s stock worth $499,582,000 after acquiring an additional 967,117 shares during the last quarter.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA:CGGR opened at $42.03 on Friday. The business’s 50 day moving average price is $42.16 and its 200-day moving average price is $43.58. The firm has a market capitalization of $20.41 billion, a PE ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a 1 year low of $31.33 and a 1 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.