Private Advisor Group LLC Acquires 111,185 Shares of Capital Group Growth ETF $CGGR

Private Advisor Group LLC boosted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 5.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,093,186 shares of the company’s stock after purchasing an additional 111,185 shares during the period. Private Advisor Group LLC’s holdings in Capital Group Growth ETF were worth $84,125,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Triumph Capital Management acquired a new position in Capital Group Growth ETF in the third quarter worth $29,000. Mark Sheptoff Financial Planning LLC grew its holdings in shares of Capital Group Growth ETF by 88.7% during the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock worth $47,000 after purchasing an additional 500 shares during the last quarter. Avion Wealth acquired a new stake in shares of Capital Group Growth ETF in the fourth quarter valued at $68,000. Godfrey Financial Associates Inc. acquired a new stake in shares of Capital Group Growth ETF in the fourth quarter valued at $78,000. Finally, WFA of San Diego LLC bought a new position in shares of Capital Group Growth ETF in the second quarter valued at about $81,000.

Capital Group Growth ETF Stock Down 1.1%

Shares of NYSEARCA CGGR opened at $46.53 on Friday. The firm’s 50-day simple moving average is $46.07 and its 200 day simple moving average is $44.26. The company has a market cap of $24.44 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 12-month low of $38.55 and a 12-month high of $48.02.

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.