LongView Wealth Management Has $11.09 Million Stock Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

LongView Wealth Management grew its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 4.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 298,455 shares of the company’s stock after purchasing an additional 13,957 shares during the quarter. Capital Group Growth ETF comprises about 3.4% of LongView Wealth Management’s investment portfolio, making the stock its 5th largest position. LongView Wealth Management’s holdings in Capital Group Growth ETF were worth $11,094,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in CGGR. LPL Financial LLC lifted its stake in shares of Capital Group Growth ETF by 24.6% during the third quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock valued at $432,724,000 after acquiring an additional 2,456,913 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of Capital Group Growth ETF by 4.0% during the third quarter. Commonwealth Equity Services LLC now owns 9,323,101 shares of the company’s stock worth $324,351,000 after buying an additional 359,838 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted 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 during the period. Raymond James & Associates boosted its stake in Capital Group Growth ETF by 15.3% in the third quarter. Raymond James & Associates now owns 3,895,362 shares of the company’s stock valued at $135,520,000 after acquiring an additional 517,412 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in shares of Capital Group Growth ETF by 23.1% during the 2nd quarter. Cetera Investment Advisers now owns 3,153,822 shares of the company’s stock valued at $103,729,000 after acquiring an additional 591,968 shares during the last quarter.

Capital Group Growth ETF Stock Up 1.3 %

NYSEARCA:CGGR opened at $38.50 on Friday. Capital Group Growth ETF has a 12-month low of $28.00 and a 12-month high of $39.36. The stock’s fifty day simple moving average is $37.84 and its 200-day simple moving average is $35.23. The firm has a market capitalization of $6.55 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.