Lynch & Associates IN Raises Stock Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Lynch & Associates IN boosted its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 9.2% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 14,216 shares of the company’s stock after acquiring an additional 1,199 shares during the quarter. Lynch & Associates IN’s holdings in Capital Group Growth ETF were worth $468,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in CGGR. Cetera Investment Advisers lifted its holdings in shares of Capital Group Growth ETF by 424.0% during the first quarter. Cetera Investment Advisers now owns 2,561,854 shares of the company’s stock worth $81,954,000 after purchasing an additional 2,072,971 shares during the period. Capital Group Private Client Services Inc. boosted its holdings in shares of Capital Group Growth ETF by 14.5% in the 1st quarter. Capital Group Private Client Services Inc. now owns 15,759,357 shares of the company’s stock valued at $504,142,000 after acquiring an additional 1,990,616 shares during the last quarter. Raymond James & Associates boosted its holdings in shares of Capital Group Growth ETF by 42.2% in the 2nd quarter. Raymond James & Associates now owns 3,377,950 shares of the company’s stock valued at $111,101,000 after acquiring an additional 1,002,988 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of Capital Group Growth ETF by 62.2% during the fourth quarter. Wells Fargo & Company MN now owns 2,370,877 shares of the company’s stock worth $66,930,000 after purchasing an additional 908,945 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in Capital Group Growth ETF by 8.6% during the first quarter. Commonwealth Equity Services LLC now owns 8,427,012 shares of the company’s stock valued at $269,580,000 after purchasing an additional 666,574 shares during the period.

Capital Group Growth ETF Stock Performance

NYSEARCA:CGGR opened at $31.84 on Friday. The firm’s fifty day moving average is $32.92 and its two-hundred day moving average is $32.09. The firm has a market cap of $5.42 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a one year low of $23.34 and a one year high of $34.10.

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.