SRS Capital Advisors Inc. Purchases Shares of 7,621 Capital Group Growth ETF (NYSEARCA:CGGR)

SRS Capital Advisors Inc. purchased a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) in the 4th quarter, HoldingsChannel reports. The fund purchased 7,621 shares of the company’s stock, valued at approximately $283,000.

Several other hedge funds have also modified their holdings of CGGR. LPL Financial LLC lifted its position in shares of Capital Group Growth ETF by 24.6% during the third quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock valued at $432,724,000 after buying an additional 2,456,913 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its position in shares of Capital Group Growth ETF by 24.7% during the third quarter. Signature Estate & Investment Advisors LLC now owns 2,957,191 shares of the company’s stock valued at $102,881,000 after buying an additional 586,545 shares during the last quarter. Alpha Financial Advisors LLC purchased a new stake in shares of Capital Group Growth ETF during the fourth quarter valued at about $20,431,000. MML Investors Services LLC lifted its position in shares of Capital Group Growth ETF by 20.5% during the third quarter. MML Investors Services LLC now owns 2,688,825 shares of the company’s stock valued at $93,544,000 after buying an additional 456,991 shares during the last quarter. Finally, Atlas Legacy Advisors LLC purchased a new stake in shares of Capital Group Growth ETF during the fourth quarter valued at about $11,040,000.

Capital Group Growth ETF Stock Down 1.2 %

CGGR opened at $36.01 on Wednesday. Capital Group Growth ETF has a 52-week low of $29.70 and a 52-week high of $39.96. The company has a market cap of $10.17 billion, a P/E ratio of 29.74 and a beta of 1.16. The firm’s 50-day moving average price is $38.49 and its 200-day moving average price is $36.60.

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.