United Advisor Group LLC Buys 7,334 Shares of Capital Group Growth ETF $CGGR

United Advisor Group LLC grew its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 55.6% during the second quarter, HoldingsChannel reports. The firm owned 20,528 shares of the company’s stock after purchasing an additional 7,334 shares during the quarter. United Advisor Group LLC’s holdings in Capital Group Growth ETF were worth $834,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. LPL Financial LLC raised its stake in Capital Group Growth ETF by 36.1% in the first quarter. LPL Financial LLC now owns 22,834,860 shares of the company’s stock worth $782,094,000 after buying an additional 6,059,534 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of Capital Group Growth ETF by 6.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 12,435,851 shares of the company’s stock worth $505,517,000 after acquiring an additional 758,297 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Capital Group Growth ETF by 29.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,446,012 shares of the company’s stock worth $424,630,000 after acquiring an additional 2,346,788 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Capital Group Growth ETF by 14.8% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 9,074,492 shares of the company’s stock worth $310,801,000 after acquiring an additional 1,166,451 shares in the last quarter. Finally, Raymond James Financial Inc. raised its position in shares of Capital Group Growth ETF by 12.1% in the 1st quarter. Raymond James Financial Inc. now owns 7,777,757 shares of the company’s stock worth $266,388,000 after acquiring an additional 839,677 shares in the last quarter.

Capital Group Growth ETF Stock Down 0.8%

NYSEARCA CGGR opened at $42.36 on Wednesday. Capital Group Growth ETF has a twelve month low of $29.23 and a twelve month high of $45.83. The firm has a market capitalization of $16.97 billion, a PE ratio of 30.88 and a beta of 1.17. The stock’s 50 day moving average is $44.11 and its 200 day moving average is $41.56.

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.