Kestra Private Wealth Services LLC Grows Stock Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Kestra Private Wealth Services LLC boosted its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 13.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 142,541 shares of the company’s stock after acquiring an additional 16,611 shares during the period. Kestra Private Wealth Services LLC’s holdings in Capital Group Growth ETF were worth $5,298,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in CGGR. Northwest Financial Advisors raised its position in Capital Group Growth ETF by 1.9% in the fourth quarter. Northwest Financial Advisors now owns 14,892 shares of the company’s stock valued at $554,000 after purchasing an additional 280 shares during the period. Cornerstone Wealth Management LLC raised its holdings in Capital Group Growth ETF by 0.9% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 32,782 shares of the company’s stock valued at $1,140,000 after buying an additional 301 shares during the period. Professional Financial Advisors LLC lifted its position in Capital Group Growth ETF by 1.0% in the fourth quarter. Professional Financial Advisors LLC now owns 31,361 shares of the company’s stock valued at $1,166,000 after buying an additional 304 shares during the last quarter. Stephens Inc. AR lifted its position in Capital Group Growth ETF by 1.6% in the fourth quarter. Stephens Inc. AR now owns 19,138 shares of the company’s stock valued at $711,000 after buying an additional 310 shares during the last quarter. Finally, Signet Financial Management LLC boosted its stake in Capital Group Growth ETF by 0.3% during the fourth quarter. Signet Financial Management LLC now owns 117,769 shares of the company’s stock worth $4,377,000 after buying an additional 382 shares during the period.

Capital Group Growth ETF Stock Performance

Capital Group Growth ETF stock opened at $39.32 on Monday. The company’s 50 day simple moving average is $38.42 and its 200-day simple moving average is $35.86. Capital Group Growth ETF has a 1 year low of $29.51 and a 1 year high of $39.95. The company has a market capitalization of $6.69 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22.

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.