Advisory Alpha LLC Has $445,000 Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Advisory Alpha LLC raised its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 10.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 13,908 shares of the company’s stock after purchasing an additional 1,311 shares during the period. Advisory Alpha LLC’s holdings in Capital Group Growth ETF were worth $445,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Commonwealth Equity Services LLC lifted its stake in shares of Capital Group Growth ETF by 20.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 7,760,438 shares of the company’s stock valued at $219,077,000 after purchasing an additional 1,321,699 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Capital Group Growth ETF by 62.2% in the 4th quarter. Wells Fargo & Company MN now owns 2,370,877 shares of the company’s stock valued at $66,930,000 after purchasing an additional 908,945 shares during the last quarter. Johnson Bixby & Associates LLC lifted its stake in shares of Capital Group Growth ETF by 2,095.6% in the 1st quarter. Johnson Bixby & Associates LLC now owns 714,348 shares of the company’s stock valued at $22,852,000 after purchasing an additional 681,812 shares during the last quarter. Advance Capital Management Inc. raised its holdings in Capital Group Growth ETF by 6,698.2% in the 1st quarter. Advance Capital Management Inc. now owns 492,324 shares of the company’s stock worth $15,749,000 after acquiring an additional 485,082 shares during the period. Finally, Vantage Financial Partners Ltd. Inc. bought a new position in Capital Group Growth ETF in the 4th quarter worth $12,966,000.

Capital Group Growth ETF Trading Up 0.7 %

CGGR traded up $0.22 during trading on Friday, hitting $33.84. The stock had a trading volume of 333,285 shares, compared to its average volume of 1,210,467. The firm has a market cap of $5.76 billion, a PE ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 12 month low of $23.34 and a 12 month high of $34.08. The company has a 50 day simple moving average of $32.39 and a 200-day simple moving average of $30.98.

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.