Investment Advisory Services Inc. TX ADV Has $1.42 Million Stake in Capital Group Growth ETF (NYSEARCA:CGGR)

Investment Advisory Services Inc. TX ADV increased its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 11.5% during the first quarter, HoldingsChannel reports. The fund owned 41,384 shares of the company’s stock after buying an additional 4,275 shares during the quarter. Investment Advisory Services Inc. TX ADV’s holdings in Capital Group Growth ETF were worth $1,417,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Capital Group Private Client Services Inc. increased its stake in shares of Capital Group Growth ETF by 3.7% in the fourth quarter. Capital Group Private Client Services Inc. now owns 20,095,652 shares of the company’s stock valued at $746,955,000 after buying an additional 714,941 shares during the period. LPL Financial LLC increased its position in Capital Group Growth ETF by 34.9% in the 4th quarter. LPL Financial LLC now owns 16,775,326 shares of the company’s stock valued at $623,539,000 after acquiring an additional 4,337,156 shares during the period. Bank of America Corp DE lifted its holdings in shares of Capital Group Growth ETF by 2.6% during the fourth quarter. Bank of America Corp DE now owns 10,359,956 shares of the company’s stock worth $385,080,000 after purchasing an additional 263,848 shares during the period. Commonwealth Equity Services LLC grew its stake in shares of Capital Group Growth ETF by 10.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 10,261,756 shares of the company’s stock worth $381,429,000 after purchasing an additional 938,655 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Capital Group Growth ETF in the fourth quarter valued at $257,888,000.

Capital Group Growth ETF Stock Down 0.1%

Shares of NYSEARCA:CGGR opened at $39.76 on Thursday. The firm has a market cap of $12.76 billion, a P/E ratio of 30.36 and a beta of 1.18. Capital Group Growth ETF has a 12-month low of $29.23 and a 12-month high of $39.97. The business has a fifty day simple moving average of $37.13 and a 200 day simple moving average of $36.99.

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.