LPL Financial LLC Buys 2,456,913 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

LPL Financial LLC boosted its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 24.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,438,170 shares of the company’s stock after purchasing an additional 2,456,913 shares during the period. LPL Financial LLC owned about 0.07% of Capital Group Growth ETF worth $432,724,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its holdings in shares of Capital Group Growth ETF by 55.3% during the third quarter. EverSource Wealth Advisors LLC now owns 155,346 shares of the company’s stock worth $5,404,000 after buying an additional 55,347 shares in the last quarter. Commerce Bank acquired a new position in Capital Group Growth ETF during the 3rd quarter worth approximately $336,000. Prospera Private Wealth LLC acquired a new stake in shares of Capital Group Growth ETF in the third quarter valued at approximately $186,000. Prospera Financial Services Inc raised its holdings in shares of Capital Group Growth ETF by 35.1% in the third quarter. Prospera Financial Services Inc now owns 538,081 shares of the company’s stock valued at $18,720,000 after purchasing an additional 139,705 shares during the last quarter. Finally, Obsidian Personal Planning Solutions LLC lifted its position in shares of Capital Group Growth ETF by 8.7% in the third quarter. Obsidian Personal Planning Solutions LLC now owns 199,135 shares of the company’s stock worth $6,936,000 after purchasing an additional 15,869 shares in the last quarter.

Capital Group Growth ETF Trading Up 0.3 %

Capital Group Growth ETF stock opened at $37.20 on Thursday. Capital Group Growth ETF has a 1-year low of $26.29 and a 1-year high of $37.76. The company has a fifty day simple moving average of $35.35 and a 200 day simple moving average of $33.55. The company has a market cap of $6.33 billion, a P/E ratio of 28.99 and a beta of 1.22.

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.