Endeavor Private Wealth Inc. Invests $1.20 Million in Capital Group Growth ETF (NYSEARCA:CGGR)

Endeavor Private Wealth Inc. acquired a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 32,368 shares of the company’s stock, valued at approximately $1,203,000. Capital Group Growth ETF accounts for about 1.1% of Endeavor Private Wealth Inc.’s investment portfolio, making the stock its 28th largest holding.

Other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC boosted 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 valued at $432,724,000 after buying an additional 2,456,913 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Capital Group Growth ETF by 4.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 9,323,101 shares of the company’s stock worth $324,351,000 after purchasing an additional 359,838 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Capital Group Growth ETF by 3.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,771,174 shares of the company’s stock worth $189,814,000 after purchasing an additional 194,550 shares in the last quarter. Raymond James & Associates grew its stake in shares of Capital Group Growth ETF by 15.3% during the 3rd quarter. Raymond James & Associates now owns 3,895,362 shares of the company’s stock worth $135,520,000 after purchasing an additional 517,412 shares during the period. Finally, Cetera Investment Advisers increased its holdings in shares of Capital Group Growth ETF by 23.1% in the 2nd quarter. Cetera Investment Advisers now owns 3,153,822 shares of the company’s stock valued at $103,729,000 after purchasing an additional 591,968 shares in the last quarter.

Capital Group Growth ETF Trading Up 1.0 %

CGGR stock opened at $39.29 on Thursday. The company’s 50-day moving average price is $37.92 and its 200 day moving average price is $35.35. Capital Group Growth ETF has a 52 week low of $28.58 and a 52 week high of $39.54. The company has a market cap of $6.69 billion, a P/E 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.