World Investment Advisors LLC Buys 9,158 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

World Investment Advisors LLC boosted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 16.8% during the third quarter, Holdings Channel reports. The institutional investor owned 63,562 shares of the company’s stock after acquiring an additional 9,158 shares during the quarter. World Investment Advisors LLC’s holdings in Capital Group Growth ETF were worth $2,211,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CGGR. LPL Financial LLC increased 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 worth $432,724,000 after purchasing an additional 2,456,913 shares in the last quarter. Kestra Investment Management LLC bought a new position in shares of Capital Group Growth ETF in the second quarter valued at approximately $44,429,000. Envestnet Asset Management Inc. boosted its holdings in shares of Capital Group Growth ETF by 27.6% in 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 in the last quarter. Raymond James & Associates grew its position in Capital Group Growth ETF by 42.2% during the 2nd quarter. Raymond James & Associates now owns 3,377,950 shares of the company’s stock worth $111,101,000 after acquiring an additional 1,002,988 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in Capital Group Growth ETF during the 2nd quarter valued at $25,746,000.

Capital Group Growth ETF Stock Performance

Shares of CGGR opened at $38.83 on Friday. The stock has a fifty day moving average price of $36.63 and a two-hundred day moving average price of $34.30. The company has a market cap of $6.61 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 52-week low of $27.50 and a 52-week high of $39.05.

About Capital Group Growth ETF

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.