APS Management Group Inc. Makes New Investment in Capital Group Growth ETF $CGGR

APS Management Group Inc. acquired a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 158,411 shares of the company’s stock, valued at approximately $7,045,000. Capital Group Growth ETF comprises 6.0% of APS Management Group Inc.’s investment portfolio, making the stock its 5th biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CGGR. Raymond James Financial Inc. raised its holdings in Capital Group Growth ETF by 31.7% during the 3rd quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock worth $489,487,000 after purchasing an additional 2,680,056 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Capital Group Growth ETF by 15.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 12,051,258 shares of the company’s stock valued at $529,291,000 after acquiring an additional 1,605,246 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of Capital Group Growth ETF by 30.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 5,999,008 shares of the company’s stock valued at $261,802,000 after acquiring an additional 1,407,884 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Capital Group Growth ETF by 11.5% in the 3rd quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock valued at $562,219,000 after acquiring an additional 1,322,744 shares during the last quarter. Finally, Merit Financial Group LLC increased its stake in shares of Capital Group Growth ETF by 474.3% in the 3rd quarter. Merit Financial Group LLC now owns 1,510,100 shares of the company’s stock valued at $66,324,000 after acquiring an additional 1,247,158 shares during the last quarter.

Capital Group Growth ETF Price Performance

Shares of CGGR stock opened at $44.11 on Wednesday. The stock has a market cap of $21.74 billion, a PE ratio of 30.88 and a beta of 1.18. The stock has a 50-day moving average of $42.20 and a 200-day moving average of $43.55. Capital Group Growth ETF has a one year low of $32.03 and a one year high of $45.83.

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.