Capital Group Growth ETF (NYSEARCA:CGGR) Shares Acquired by Private Advisor Group LLC

Private Advisor Group LLC lifted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 39.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 731,440 shares of the company’s stock after buying an additional 206,679 shares during the quarter. Private Advisor Group LLC owned approximately 0.43% of Capital Group Growth ETF worth $24,057,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Transcendent Capital Group LLC acquired a new stake in shares of Capital Group Growth ETF during the fourth quarter worth approximately $33,000. GAMMA Investing LLC acquired a new position in Capital Group Growth ETF in the second quarter worth $38,000. Whittier Trust Co. of Nevada Inc. increased its stake in Capital Group Growth ETF by 146.5% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,282 shares of the company’s stock valued at $41,000 after purchasing an additional 762 shares during the last quarter. FinTrust Capital Advisors LLC acquired a new stake in shares of Capital Group Growth ETF during the fourth quarter worth $42,000. Finally, Clear Investment Research LLC bought a new position in shares of Capital Group Growth ETF in the 1st quarter worth about $47,000.

Capital Group Growth ETF Stock Down 2.3 %

Shares of CGGR stock opened at $31.84 on Friday. The business has a 50 day moving average of $32.92 and a two-hundred day moving average of $32.08. The company has a market cap of $5.42 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 52 week low of $23.34 and a 52 week high of $34.10.

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.