WFA of San Diego LLC Buys New Position in Capital Group Growth ETF (NYSEARCA:CGGR)

WFA of San Diego LLC purchased a new position in Capital Group Growth ETF (NYSEARCA:CGGR) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 2,000 shares of the company’s stock, valued at approximately $70,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. LPL Financial LLC increased its stake in shares of Capital Group Growth ETF by 24.6% in the 3rd 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 in the last quarter. Commonwealth Equity Services LLC increased its position in Capital Group Growth ETF by 4.0% in the third quarter. Commonwealth Equity Services LLC now owns 9,323,101 shares of the company’s stock worth $324,351,000 after buying an additional 359,838 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Capital Group Growth ETF by 3.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,771,174 shares of the company’s stock worth $189,814,000 after buying an additional 194,550 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Capital Group Growth ETF by 27.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,077,593 shares of the company’s stock valued at $167,002,000 after buying an additional 1,099,783 shares in the last quarter. Finally, 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 valued at $135,520,000 after acquiring an additional 517,412 shares during the period.

Capital Group Growth ETF Trading Down 0.3 %

NYSEARCA CGGR opened at $37.43 on Thursday. Capital Group Growth ETF has a 12 month low of $26.33 and a 12 month high of $37.83. The stock has a market cap of $6.37 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. The company’s 50 day moving average is $35.66 and its two-hundred day moving average is $33.73.

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.