Capital Group Growth ETF (NYSEARCA:CGGR) Stake Lifted by Investmark Advisory Group LLC

Investmark Advisory Group LLC grew its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 2.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 236,187 shares of the company’s stock after purchasing an additional 5,947 shares during the quarter. Capital Group Growth ETF makes up about 4.0% of Investmark Advisory Group LLC’s investment portfolio, making the stock its 4th largest position. Investmark Advisory Group LLC owned 0.14% of Capital Group Growth ETF worth $8,217,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CGGR. LPL Financial LLC raised its stake 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 worth $432,724,000 after purchasing an additional 2,456,913 shares during the last quarter. Kestra Investment Management LLC acquired a new stake in Capital Group Growth ETF during the 2nd quarter worth $44,429,000. Envestnet Asset Management Inc. boosted its holdings in shares of 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 in the last quarter. Raymond James & Associates raised its stake 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 buying an additional 1,002,988 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of Capital Group Growth ETF during the 2nd quarter worth $25,746,000.

Capital Group Growth ETF Stock Up 0.8 %

Shares of NYSEARCA CGGR opened at $38.03 on Tuesday. Capital Group Growth ETF has a fifty-two week low of $26.41 and a fifty-two week high of $38.12. The firm has a market cap of $6.47 billion, a PE ratio of 28.99 and a beta of 1.22. The business has a 50 day moving average price of $35.86 and a two-hundred day moving average price of $33.85.

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.