Capital Group Growth ETF $CGGR Stock: AA Financial Advisors LLC Raises Stake

AA Financial Advisors LLC raised its position in Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 8.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 961,621 shares of the company’s stock after purchasing an additional 71,963 shares during the quarter. Capital Group Growth ETF accounts for approximately 5.4% of AA Financial Advisors LLC’s holdings, making the stock its 3rd biggest holding. AA Financial Advisors LLC owned approximately 0.17% of Capital Group Growth ETF worth $45,610,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Canandaigua National Trust Co of Florida purchased a new stake in shares of Capital Group Growth ETF in the third quarter worth approximately $1,470,000. Stonebridge Financial Group LLC lifted its stake in shares of Capital Group Growth ETF by 5.9% during the 3rd quarter. Stonebridge Financial Group LLC now owns 469,504 shares of the company’s stock worth $22,269,000 after acquiring an additional 26,343 shares during the last quarter. Private Client Services LLC bought a new stake in shares of Capital Group Growth ETF during the 2nd quarter worth approximately $1,297,000. Johnson Bixby & Associates LLC boosted its holdings in Capital Group Growth ETF by 2.1% during the 1st quarter. Johnson Bixby & Associates LLC now owns 1,424,119 shares of the company’s stock valued at $57,235,000 after acquiring an additional 29,362 shares during the period. Finally, Stephens Inc. AR boosted its holdings in Capital Group Growth ETF by 44.3% during the 1st quarter. Stephens Inc. AR now owns 441,078 shares of the company’s stock valued at $17,727,000 after acquiring an additional 135,341 shares during the period.

Capital Group Growth ETF Stock Up 0.5%

CGGR traded up $0.24 during trading hours on Monday, reaching $46.89. 2,496,530 shares of the company’s stock traded hands, compared to its average volume of 3,064,121. The firm has a 50-day moving average price of $47.26 and a 200 day moving average price of $46.03. The firm has a market capitalization of $25.95 billion, a PE ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a 52-week low of $38.55 and a 52-week high of $48.69.

Capital Group Growth ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Capital Group Growth ETF (NYSEARCA:CGGR)

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