AdvisorNet Financial Inc Has $9.86 Million Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

AdvisorNet Financial Inc raised its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 26.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 265,134 shares of the company’s stock after purchasing an additional 54,734 shares during the period. Capital Group Growth ETF makes up approximately 0.8% of AdvisorNet Financial Inc’s portfolio, making the stock its 26th biggest holding. AdvisorNet Financial Inc owned about 0.16% of Capital Group Growth ETF worth $9,855,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Cornerstone Wealth Management LLC boosted its position in shares of Capital Group Growth ETF by 0.9% during the third quarter. Cornerstone Wealth Management LLC now owns 32,782 shares of the company’s stock valued at $1,140,000 after buying an additional 301 shares during the last quarter. Signet Financial Management LLC lifted its stake in Capital Group Growth ETF by 0.3% during the 4th quarter. Signet Financial Management LLC now owns 117,769 shares of the company’s stock valued at $4,377,000 after acquiring an additional 382 shares in the last quarter. CreativeOne Wealth LLC boosted its holdings in Capital Group Growth ETF by 7.1% during the 3rd quarter. CreativeOne Wealth LLC now owns 6,889 shares of the company’s stock worth $240,000 after acquiring an additional 458 shares during the last quarter. Bill Few Associates Inc. grew its stake in shares of Capital Group Growth ETF by 2.6% in the 3rd quarter. Bill Few Associates Inc. now owns 18,365 shares of the company’s stock worth $639,000 after acquiring an additional 470 shares in the last quarter. Finally, Summit Global Investments raised its holdings in shares of Capital Group Growth ETF by 3.3% in the third quarter. Summit Global Investments now owns 14,743 shares of the company’s stock valued at $513,000 after purchasing an additional 470 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Capital Group Growth ETF stock opened at $37.32 on Tuesday. Capital Group Growth ETF has a fifty-two week low of $27.77 and a fifty-two week high of $39.36. The firm’s 50-day simple moving average is $37.72 and its 200 day simple moving average is $35.12. The stock has a market cap of $6.35 billion, a PE ratio of 28.99 and a beta of 1.22.

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.