Capital Group Growth ETF (NYSEARCA:CGGR) Shares Purchased by Townsend Asset Management Corp NC ADV

Townsend Asset Management Corp NC ADV boosted its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 5.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 129,493 shares of the company’s stock after purchasing an additional 6,319 shares during the period. Capital Group Growth ETF comprises approximately 1.7% of Townsend Asset Management Corp NC ADV’s holdings, making the stock its 14th largest position. Townsend Asset Management Corp NC ADV owned about 0.08% of Capital Group Growth ETF worth $4,505,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Capital Group Private Client Services Inc. increased its holdings in Capital Group Growth ETF by 14.5% in the first quarter. Capital Group Private Client Services Inc. now owns 15,759,357 shares of the company’s stock valued at $504,142,000 after buying an additional 1,990,616 shares in the last quarter. LPL Financial LLC increased its holdings in Capital Group Growth ETF by 11.3% in the second quarter. LPL Financial LLC now owns 9,981,257 shares of the company’s stock valued at $328,284,000 after buying an additional 1,016,246 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings 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 valued at $324,351,000 after buying an additional 359,838 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in 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 valued at $189,814,000 after buying an additional 194,550 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in Capital Group Growth ETF by 27.6% in the second 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.

Capital Group Growth ETF Price Performance

Shares of CGGR opened at $35.59 on Tuesday. The firm has a 50 day simple moving average of $33.92 and a 200-day simple moving average of $32.73. Capital Group Growth ETF has a 1-year low of $23.34 and a 1-year high of $35.69. The stock has a market cap of $6.06 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22.

About Capital Group Growth ETF

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.