Capital Group Growth ETF (NYSEARCA:CGGR) Position Boosted by Valmark Advisers Inc.

Valmark Advisers Inc. grew its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 5.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 347,623 shares of the company’s stock after purchasing an additional 18,233 shares during the period. Valmark Advisers Inc. owned about 0.20% of Capital Group Growth ETF worth $12,094,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC acquired a new position in Capital Group Growth ETF in the 3rd quarter valued at approximately $35,000. GAMMA Investing LLC acquired a new position in shares of Capital Group Growth ETF in the second quarter worth $38,000. Fairscale Capital LLC purchased a new stake in shares of Capital Group Growth ETF during the second quarter worth $39,000. Whittier Trust Co. of Nevada Inc. boosted its position in Capital Group Growth ETF by 146.5% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,282 shares of the company’s stock valued at $41,000 after purchasing an additional 762 shares during the last quarter. Finally, Clear Investment Research LLC purchased a new position in Capital Group Growth ETF in the first quarter valued at about $47,000.

Capital Group Growth ETF Stock Up 0.5 %

Shares of CGGR traded up $0.17 during midday trading on Tuesday, reaching $35.67. 695,409 shares of the stock were exchanged, compared to its average volume of 1,185,424. The company has a market cap of $6.07 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 12-month low of $23.49 and a 12-month high of $35.84. The firm has a 50 day simple moving average of $34.22 and a 200-day simple moving average of $32.88.

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.