Creative Financial Designs Inc. ADV Raises Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Creative Financial Designs Inc. ADV increased its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 5.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,944 shares of the company’s stock after purchasing an additional 723 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Capital Group Growth ETF were worth $481,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in CGGR. Raymond James Financial Inc. purchased a new position in Capital Group Growth ETF in the 4th quarter worth $257,888,000. LPL Financial LLC increased its position in shares of Capital Group Growth ETF by 24.6% in the third quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock valued at $432,724,000 after acquiring an additional 2,456,913 shares during the period. Independent Advisor Alliance purchased a new position in shares of Capital Group Growth ETF in the fourth quarter valued at about $45,801,000. Commonwealth Equity Services LLC increased its position in shares of Capital Group Growth ETF by 10.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 10,261,756 shares of the company’s stock valued at $381,429,000 after acquiring an additional 938,655 shares during the period. Finally, Jones Financial Companies Lllp increased its position in shares of Capital Group Growth ETF by 49.7% in the fourth quarter. Jones Financial Companies Lllp now owns 2,225,640 shares of the company’s stock valued at $82,727,000 after acquiring an additional 739,257 shares during the period.

Capital Group Growth ETF Trading Down 1.9 %

CGGR stock opened at $34.44 on Wednesday. The firm’s 50-day moving average price is $37.86 and its two-hundred day moving average price is $36.72. Capital Group Growth ETF has a 12-month low of $29.70 and a 12-month high of $39.96. The stock has a market capitalization of $9.87 billion, a price-to-earnings ratio of 28.51 and a beta of 1.16.

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.