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

WFA of San Diego LLC bought a new position in Capital Group Growth ETF (NYSEARCA:CGGR) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 2,000 shares of the company’s stock, valued at approximately $70,000.

Several other hedge funds have also recently modified their holdings of the business. LPL Financial LLC increased its holdings in 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 buying an additional 2,456,913 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of Capital Group Growth ETF by 424.0% in the first quarter. Cetera Investment Advisers now owns 2,561,854 shares of the company’s stock worth $81,954,000 after acquiring an additional 2,072,971 shares during the period. Kestra Investment Management LLC purchased a new position in shares of Capital Group Growth ETF during the second quarter valued at approximately $44,429,000. Envestnet Asset Management Inc. lifted its position in Capital Group Growth ETF by 27.6% during the second quarter. Envestnet Asset Management Inc. now owns 5,077,593 shares of the company’s stock valued at $167,002,000 after purchasing an additional 1,099,783 shares during the period. Finally, Raymond James & Associates boosted its holdings in Capital Group Growth ETF by 42.2% in the second quarter. Raymond James & Associates now owns 3,377,950 shares of the company’s stock worth $111,101,000 after purchasing an additional 1,002,988 shares during the last quarter.

Capital Group Growth ETF Trading Down 0.3 %

Shares of CGGR opened at $37.43 on Thursday. The firm has a fifty day simple moving average of $35.66 and a two-hundred day simple moving average of $33.73. The firm has a market cap of $6.37 billion, a PE ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 1-year low of $26.33 and a 1-year high of $37.83.

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.