Professional Financial Advisors LLC Increases Stake in Capital Group Growth ETF (NYSEARCA:CGGR)

Professional Financial Advisors LLC lifted its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 1.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 31,361 shares of the company’s stock after buying an additional 304 shares during the quarter. Professional Financial Advisors LLC’s holdings in Capital Group Growth ETF were worth $1,166,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CGGR. LPL Financial LLC boosted its position in shares of 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 acquiring an additional 2,456,913 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Capital Group Growth ETF by 4.0% during the third quarter. Commonwealth Equity Services LLC now owns 9,323,101 shares of the company’s stock valued at $324,351,000 after buying an additional 359,838 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Capital Group Growth ETF by 3.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,771,174 shares of the company’s stock worth $189,814,000 after buying an additional 194,550 shares during the period. Envestnet Asset Management Inc. lifted its stake 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 worth $167,002,000 after acquiring an additional 1,099,783 shares during the last quarter. Finally, Raymond James & Associates grew its position in Capital Group Growth ETF by 15.3% in the 3rd quarter. Raymond James & Associates now owns 3,895,362 shares of the company’s stock valued at $135,520,000 after acquiring an additional 517,412 shares during the last quarter.

Capital Group Growth ETF Trading Down 0.1 %

Shares of CGGR opened at $37.32 on Tuesday. The firm has a market capitalization of $6.35 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 12-month low of $27.77 and a 12-month high of $39.36. The firm has a fifty day moving average price of $37.72 and a 200-day moving average price of $35.12.

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.