Armor Investment Advisors LLC Increases Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Armor Investment Advisors LLC lifted its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 13.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 251,394 shares of the company’s stock after acquiring an additional 29,708 shares during the period. Capital Group Growth ETF accounts for 3.6% of Armor Investment Advisors LLC’s portfolio, making the stock its 7th biggest holding. Armor Investment Advisors LLC owned about 0.15% of Capital Group Growth ETF worth $8,746,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CGGR. Cetera Investment Advisers raised its position in shares of Capital Group Growth ETF by 424.0% during the 1st quarter. Cetera Investment Advisers now owns 2,561,854 shares of the company’s stock worth $81,954,000 after buying an additional 2,072,971 shares in the last quarter. Capital Group Private Client Services Inc. lifted its position in Capital Group Growth ETF by 14.5% in the first quarter. Capital Group Private Client Services Inc. now owns 15,759,357 shares of the company’s stock worth $504,142,000 after purchasing an additional 1,990,616 shares during the period. Kestra Investment Management LLC acquired a new position in shares of Capital Group Growth ETF during the 2nd quarter valued at $44,429,000. Envestnet Asset Management Inc. raised its stake 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 buying an additional 1,099,783 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of Capital Group Growth ETF by 11.3% in the second quarter. LPL Financial LLC now owns 9,981,257 shares of the company’s stock valued at $328,284,000 after buying an additional 1,016,246 shares during the period.

Capital Group Growth ETF Stock Up 2.1 %

NYSEARCA:CGGR opened at $36.12 on Wednesday. The business’s 50-day moving average price is $34.42 and its 200 day moving average price is $33.07. Capital Group Growth ETF has a 52-week low of $24.92 and a 52-week high of $36.17. The firm has a market cap of $6.15 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.