CWS Financial Advisors LLC Boosts Position in Capital Group Growth ETF (NYSEARCA:CGGR)

CWS Financial Advisors LLC lifted its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 3.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 69,386 shares of the company’s stock after purchasing an additional 2,115 shares during the period. Capital Group Growth ETF comprises approximately 0.9% of CWS Financial Advisors LLC’s holdings, making the stock its 16th biggest holding. CWS Financial Advisors LLC’s holdings in Capital Group Growth ETF were worth $2,414,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Atria Investments Inc purchased a new position in Capital Group Growth ETF during the first quarter worth about $6,272,000. EverSource Wealth Advisors LLC grew its holdings in shares of Capital Group Growth ETF by 71.9% during the first quarter. EverSource Wealth Advisors LLC now owns 36,254 shares of the company’s stock worth $1,100,000 after purchasing an additional 15,162 shares in the last quarter. GAMMA Investing LLC bought a new position in shares of Capital Group Growth ETF in the second quarter worth approximately $38,000. HBW Advisory Services LLC raised its stake in Capital Group Growth ETF by 21.5% in the second quarter. HBW Advisory Services LLC now owns 96,940 shares of the company’s stock valued at $3,188,000 after purchasing an additional 17,169 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in Capital Group Growth ETF during the second quarter valued at approximately $312,000.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA:CGGR opened at $37.43 on Friday. The company’s fifty day moving average price is $35.73 and its 200-day moving average price is $33.76. The firm has a market capitalization of $6.37 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a one year low of $26.33 and a one 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.