Townsend Asset Management Corp NC ADV Buys 2,391 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Townsend Asset Management Corp NC ADV grew its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 1.8% during the first quarter, HoldingsChannel reports. The fund owned 132,888 shares of the company’s stock after acquiring an additional 2,391 shares during the quarter. Capital Group Growth ETF comprises about 1.8% of Townsend Asset Management Corp NC ADV’s holdings, making the stock its 14th largest position. Townsend Asset Management Corp NC ADV’s holdings in Capital Group Growth ETF were worth $4,551,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. CLG LLC raised its stake in shares of Capital Group Growth ETF by 5.6% during the 1st quarter. CLG LLC now owns 229,879 shares of the company’s stock worth $7,873,000 after acquiring an additional 12,222 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in Capital Group Growth ETF by 1.7% in the first quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 246,111 shares of the company’s stock worth $8,442,000 after purchasing an additional 4,120 shares during the last quarter. United Advisor Group LLC increased its position in shares of Capital Group Growth ETF by 32.0% during the first quarter. United Advisor Group LLC now owns 13,194 shares of the company’s stock worth $452,000 after purchasing an additional 3,199 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Capital Group Growth ETF by 17.2% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 243,247 shares of the company’s stock valued at $8,331,000 after purchasing an additional 35,786 shares during the last quarter. Finally, Duncan Williams Asset Management LLC grew its stake in shares of Capital Group Growth ETF by 8.7% during the first quarter. Duncan Williams Asset Management LLC now owns 6,261 shares of the company’s stock worth $214,000 after acquiring an additional 501 shares during the last quarter.

Capital Group Growth ETF Stock Down 0.0%

Shares of Capital Group Growth ETF stock opened at $38.85 on Thursday. The company has a 50 day moving average price of $36.50 and a 200 day moving average price of $36.96. The firm has a market capitalization of $12.46 billion, a P/E ratio of 30.36 and a beta of 1.18. Capital Group Growth ETF has a 52 week low of $29.23 and a 52 week high of $39.96.

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.