IAM Advisory LLC Raises Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

IAM Advisory LLC boosted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 810.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 64,426 shares of the company’s stock after acquiring an additional 57,351 shares during the quarter. IAM Advisory LLC’s holdings in Capital Group Growth ETF were worth $2,119,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Prime Capital Investment Advisors LLC boosted its position in shares of Capital Group Growth ETF by 10.1% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 23,728 shares of the company’s stock valued at $670,000 after purchasing an additional 2,180 shares in the last quarter. International Assets Investment Management LLC purchased a new position in Capital Group Growth ETF during the fourth quarter valued at $54,020,000. Cerity Partners LLC purchased a new position in Capital Group Growth ETF during the fourth quarter valued at $361,000. Tennessee Valley Asset Management Partners purchased a new position in Capital Group Growth ETF during the fourth quarter valued at $33,000. Finally, Saxony Capital Management LLC purchased a new position in Capital Group Growth ETF during the fourth quarter valued at $303,000.

Capital Group Growth ETF Trading Up 0.7 %

NYSEARCA:CGGR traded up $0.23 during trading hours on Friday, reaching $32.00. 867,966 shares of the company traded hands, compared to its average volume of 1,220,187. Capital Group Growth ETF has a 1 year low of $23.34 and a 1 year high of $34.10. The business’s 50-day moving average price is $32.70 and its two-hundred day moving average price is $31.64. The stock has a market capitalization of $5.45 billion, a P/E ratio of 28.99 and a beta of 1.22.

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.