Mason Investment Advisory Services Inc. Buys 32,273 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Mason Investment Advisory Services Inc. lifted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 300.8% during the third quarter, HoldingsChannel reports. The firm owned 43,001 shares of the company’s stock after acquiring an additional 32,273 shares during the quarter. Capital Group Growth ETF makes up 0.1% of Mason Investment Advisory Services Inc.’s investment portfolio, making the stock its 17th largest position. Mason Investment Advisory Services Inc.’s holdings in Capital Group Growth ETF were worth $1,496,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in CGGR. LPL Financial LLC grew its holdings in Capital Group Growth ETF by 24.6% during the third quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock worth $432,724,000 after purchasing an additional 2,456,913 shares during the period. Cetera Investment Advisers boosted its stake in shares of Capital Group Growth ETF by 424.0% during the 1st quarter. Cetera Investment Advisers now owns 2,561,854 shares of the company’s stock worth $81,954,000 after acquiring an additional 2,072,971 shares during the period. Kestra Investment Management LLC acquired a new position in shares of Capital Group Growth ETF during the 2nd quarter worth approximately $44,429,000. Envestnet Asset Management Inc. increased its holdings in shares of Capital Group Growth ETF by 27.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,077,593 shares of the company’s stock worth $167,002,000 after acquiring an additional 1,099,783 shares during the last quarter. Finally, Raymond James & Associates raised its stake in 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 period.

Capital Group Growth ETF Price Performance

CGGR stock opened at $37.48 on Friday. Capital Group Growth ETF has a one year low of $26.33 and a one year high of $37.76. The stock has a market cap of $6.38 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. The company has a fifty day moving average price of $35.50 and a two-hundred day moving average price of $33.61.

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.