Eclectic Associates Inc. ADV Grows Stock Holdings in Capital Group Growth ETF $CGGR

Eclectic Associates Inc. ADV grew its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 2.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 825,418 shares of the company’s stock after buying an additional 23,469 shares during the quarter. Capital Group Growth ETF accounts for about 4.4% of Eclectic Associates Inc. ADV’s portfolio, making the stock its 8th largest holding. Eclectic Associates Inc. ADV’s holdings in Capital Group Growth ETF were worth $39,150,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. CoreCap Advisors LLC lifted its holdings in shares of Capital Group Growth ETF by 4.3% in the third quarter. CoreCap Advisors LLC now owns 5,631 shares of the company’s stock worth $267,000 after acquiring an additional 234 shares during the last quarter. Venture Visionary Partners LLC increased its position in shares of Capital Group Growth ETF by 14.7% during the third quarter. Venture Visionary Partners LLC now owns 175,028 shares of the company’s stock worth $8,302,000 after buying an additional 22,437 shares during the period. Cooper Financial Group increased its position in shares of Capital Group Growth ETF by 0.3% during the third quarter. Cooper Financial Group now owns 123,057 shares of the company’s stock worth $5,837,000 after buying an additional 353 shares during the period. Canandaigua National Trust Co of Florida bought a new position in Capital Group Growth ETF during the third quarter worth $1,470,000. Finally, Ballew Advisors Inc raised its stake in Capital Group Growth ETF by 2.5% during the third quarter. Ballew Advisors Inc now owns 312,266 shares of the company’s stock worth $14,929,000 after buying an additional 7,546 shares during the last quarter.

Capital Group Growth ETF Trading Down 1.0%

Shares of CGGR opened at $47.86 on Friday. The firm’s fifty day simple moving average is $47.08 and its two-hundred day simple moving average is $45.70. Capital Group Growth ETF has a 12 month low of $38.55 and a 12 month high of $48.69. The stock has a market capitalization of $26.34 billion, a P/E ratio of 30.88 and a beta of 1.18.

Capital Group Growth ETF Company 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.