HBW Advisory Services LLC Buys 3,431 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

HBW Advisory Services LLC increased its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 3.5% in the fourth quarter, HoldingsChannel reports. The fund owned 101,687 shares of the company’s stock after purchasing an additional 3,431 shares during the period. HBW Advisory Services LLC’s holdings in Capital Group Growth ETF were worth $3,780,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. LPL Financial LLC increased its holdings in Capital Group Growth ETF by 24.6% during the 3rd quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock valued at $432,724,000 after purchasing an additional 2,456,913 shares during the period. Commonwealth Equity Services LLC lifted its position in Capital Group Growth ETF by 4.0% in the 3rd quarter. Commonwealth Equity Services LLC now owns 9,323,101 shares of the company’s stock valued at $324,351,000 after acquiring an additional 359,838 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Capital Group Growth ETF by 3.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,771,174 shares of the company’s stock valued at $189,814,000 after acquiring an additional 194,550 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Capital Group Growth ETF by 27.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,077,593 shares of the company’s stock valued at $167,002,000 after buying an additional 1,099,783 shares during the period. Finally, Raymond James & Associates lifted its holdings in shares of Capital Group Growth ETF by 15.3% during the 3rd quarter. Raymond James & Associates now owns 3,895,362 shares of the company’s stock valued at $135,520,000 after buying an additional 517,412 shares during the period.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA CGGR traded down $0.30 during midday trading on Friday, hitting $37.49. 2,549,330 shares of the stock traded hands, compared to its average volume of 2,179,286. The firm has a 50-day moving average of $37.62 and a two-hundred day moving average of $35.03. The firm has a market capitalization of $6.38 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a one year low of $27.77 and a one year 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.