Capital Group Growth ETF (NYSEARCA:CGGR) Shares Bought by Financial Council LLC

Financial Council LLC increased its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 2.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 421,643 shares of the company’s stock after purchasing an additional 8,209 shares during the period. Capital Group Growth ETF comprises approximately 7.6% of Financial Council LLC’s holdings, making the stock its 2nd largest position. Financial Council LLC’s holdings in Capital Group Growth ETF were worth $14,669,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in CGGR. LPL Financial LLC increased its position in Capital Group Growth ETF by 24.6% during the 3rd 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 grew its holdings in 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 acquiring an additional 2,072,971 shares during the period. Kestra Investment Management LLC purchased a new position in Capital Group Growth ETF in the second quarter worth $44,429,000. Envestnet Asset Management Inc. lifted its holdings in Capital Group Growth ETF by 27.6% in the second quarter. Envestnet Asset Management Inc. now owns 5,077,593 shares of the company’s stock valued at $167,002,000 after acquiring an additional 1,099,783 shares during the period. Finally, Raymond James & Associates boosted its position in shares of Capital Group Growth ETF by 42.2% during the 2nd quarter. Raymond James & Associates now owns 3,377,950 shares of the company’s stock worth $111,101,000 after purchasing an additional 1,002,988 shares in the last quarter.

Capital Group Growth ETF Stock Up 0.6 %

NYSEARCA:CGGR opened at $37.48 on Friday. Capital Group Growth ETF has a fifty-two week low of $26.33 and a fifty-two week high of $37.76. The firm’s fifty day simple moving average is $35.50 and its 200-day simple moving average is $33.61. The stock has a market cap of $6.38 billion, a PE 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.