Benjamin Edwards Inc. Buys New Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Benjamin Edwards Inc. purchased a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 260,525 shares of the company’s stock, valued at approximately $9,064,000. Benjamin Edwards Inc. owned 0.15% of Capital Group Growth ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC raised its position in shares of Capital Group Growth ETF by 24.6% in the third quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock valued at $432,724,000 after purchasing an additional 2,456,913 shares during the period. Commonwealth Equity Services LLC grew its stake in Capital Group Growth ETF by 4.0% in the 3rd 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 during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Capital Group Growth ETF by 3.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,771,174 shares of the company’s stock valued at $189,814,000 after acquiring an additional 194,550 shares during the period. 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 worth $167,002,000 after acquiring an additional 1,099,783 shares during the last quarter. Finally, Raymond James & Associates boosted its holdings in shares of Capital Group Growth ETF by 15.3% during the third quarter. Raymond James & Associates now owns 3,895,362 shares of the company’s stock worth $135,520,000 after acquiring an additional 517,412 shares during the period.

Capital Group Growth ETF Trading Up 0.8 %

Capital Group Growth ETF stock opened at $38.03 on Tuesday. The company has a market capitalization of $6.47 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 12 month low of $26.41 and a 12 month high of $38.12. The stock’s 50 day moving average is $35.86 and its 200-day moving average is $33.85.

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.