Capital Group Growth ETF $CGGR is Geneos Wealth Management Inc.’s 8th Largest Position

Geneos Wealth Management Inc. lifted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 1.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,201,039 shares of the company’s stock after buying an additional 12,053 shares during the quarter. Capital Group Growth ETF makes up approximately 1.3% of Geneos Wealth Management Inc.’s portfolio, making the stock its 8th biggest position. Geneos Wealth Management Inc.’s holdings in Capital Group Growth ETF were worth $53,410,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in CGGR. Capital Group Private Client Services Inc. raised its holdings in Capital Group Growth ETF by 5.3% in the third quarter. Capital Group Private Client Services Inc. now owns 23,440,414 shares of the company’s stock valued at $1,029,503,000 after acquiring an additional 1,178,520 shares in the last quarter. Bank of America Corp DE increased its position in shares of Capital Group Growth ETF by 11.5% in the 3rd quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock valued at $562,219,000 after purchasing an additional 1,322,744 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of Capital Group Growth ETF by 2.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 12,707,821 shares of the company’s stock valued at $558,128,000 after purchasing an additional 271,970 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Capital Group Growth ETF by 15.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 12,051,258 shares of the company’s stock valued at $529,291,000 after purchasing an additional 1,605,246 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Capital Group Growth ETF by 9.3% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 11,374,810 shares of the company’s stock worth $499,582,000 after purchasing an additional 967,117 shares during the last quarter.

Capital Group Growth ETF Price Performance

NYSEARCA:CGGR opened at $44.14 on Friday. Capital Group Growth ETF has a 12 month low of $33.35 and a 12 month high of $45.83. The firm has a market capitalization of $21.75 billion, a PE ratio of 30.88 and a beta of 1.18. The business’s fifty day moving average price is $42.26 and its 200 day moving average price is $43.56.

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.