Advance Capital Management Inc. Purchases 4,713 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Advance Capital Management Inc. boosted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 1.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 384,059 shares of the company’s stock after purchasing an additional 4,713 shares during the period. Capital Group Growth ETF accounts for approximately 0.7% of Advance Capital Management Inc.’s portfolio, making the stock its 14th biggest position. Advance Capital Management Inc.’s holdings in Capital Group Growth ETF were worth $14,275,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Lantz Financial LLC lifted its holdings in shares of Capital Group Growth ETF by 3.1% during the 2nd quarter. Lantz Financial LLC now owns 79,544 shares of the company’s stock valued at $2,616,000 after purchasing an additional 2,380 shares in the last quarter. Natixis Advisors LLC raised its holdings in shares of Capital Group Growth ETF by 37.0% during the second quarter. Natixis Advisors LLC now owns 38,788 shares of the company’s stock worth $1,276,000 after acquiring an additional 10,476 shares during the period. Cullen Frost Bankers Inc. bought a new stake in Capital Group Growth ETF in the 2nd quarter valued at $711,000. Lynch & Associates IN boosted its stake in Capital Group Growth ETF by 9.2% in the 2nd quarter. Lynch & Associates IN now owns 14,216 shares of the company’s stock worth $468,000 after purchasing an additional 1,199 shares during the period. Finally, Ashton Thomas Private Wealth LLC increased its holdings in Capital Group Growth ETF by 9.0% during the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 24,374 shares of the company’s stock worth $802,000 after purchasing an additional 2,015 shares in the last quarter.

Capital Group Growth ETF Trading Up 1.4 %

Shares of Capital Group Growth ETF stock traded up $0.53 during trading on Monday, reaching $38.36. The stock had a trading volume of 2,414,894 shares, compared to its average volume of 2,193,021. The company has a market capitalization of $6.53 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. The stock has a fifty day moving average price of $37.42 and a two-hundred day moving average price of $34.92. Capital Group Growth ETF has a 52 week low of $27.66 and a 52 week high of $39.36.

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.