Main Line Retirement Advisors LLC Has $14.20 Million Stock Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Main Line Retirement Advisors LLC raised its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 5.4% in the fourth quarter, Holdings Channel reports. The fund owned 382,010 shares of the company’s stock after acquiring an additional 19,705 shares during the period. Capital Group Growth ETF comprises approximately 9.4% of Main Line Retirement Advisors LLC’s holdings, making the stock its 3rd biggest position. Main Line Retirement Advisors LLC’s holdings in Capital Group Growth ETF were worth $14,199,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CGGR. LPL Financial LLC lifted 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 last quarter. Commonwealth Equity Services LLC raised its stake in shares of Capital Group Growth ETF by 4.0% in the third 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 during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of 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 worth $189,814,000 after acquiring an additional 194,550 shares in the last quarter. Raymond James & Associates grew its position in 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 worth $135,520,000 after acquiring an additional 517,412 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in Capital Group Growth ETF by 23.1% during the 2nd quarter. Cetera Investment Advisers now owns 3,153,822 shares of the company’s stock valued at $103,729,000 after purchasing an additional 591,968 shares in the last quarter.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA:CGGR opened at $38.41 on Monday. The business has a fifty day moving average of $38.04 and a 200-day moving average of $35.44. The firm has a market cap of $6.54 billion, a PE ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a twelve month low of $28.78 and a twelve month high of $39.71.

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.