Tyler Stone Wealth Management Purchases New Shares in Capital Group Growth ETF (NYSEARCA:CGGR)

Tyler Stone Wealth Management purchased a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 28,210 shares of the company’s stock, valued at approximately $981,000.

A number of other institutional investors also recently bought and sold shares of the stock. Cetera Investment Advisers increased its stake in shares of Capital Group Growth ETF by 424.0% in the 1st 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 in the last quarter. Capital Group Private Client Services Inc. increased its stake in shares of Capital Group Growth ETF by 14.5% during 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 purchasing an additional 1,990,616 shares in the last quarter. 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. boosted its position in shares of Capital Group Growth ETF by 27.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,077,593 shares of the company’s stock worth $167,002,000 after purchasing an additional 1,099,783 shares in the last quarter. Finally, LPL Financial LLC grew its stake in shares of Capital Group Growth ETF by 11.3% in the 2nd quarter. LPL Financial LLC now owns 9,981,257 shares of the company’s stock worth $328,284,000 after buying an additional 1,016,246 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Shares of CGGR traded up $0.28 during trading hours on Friday, hitting $37.22. The company had a trading volume of 1,244,919 shares, compared to its average volume of 1,198,668. Capital Group Growth ETF has a 52-week low of $24.92 and a 52-week high of $37.27. The firm has a fifty day moving average price of $34.62 and a 200-day moving average price of $33.18. The stock has a market capitalization of $6.33 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22.

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.