Gutierrez Wealth Advisory LLC grew its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 8.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 339,236 shares of the company’s stock after acquiring an additional 25,002 shares during the quarter. Capital Group Growth ETF comprises approximately 8.5% of Gutierrez Wealth Advisory LLC’s investment portfolio, making the stock its 2nd largest holding. Gutierrez Wealth Advisory LLC’s holdings in Capital Group Growth ETF were worth $16,090,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of CGGR. Bank of America Corp DE boosted its stake in Capital Group Growth ETF by 10.3% in the 1st quarter. Bank of America Corp DE now owns 14,193,836 shares of the company’s stock worth $570,450,000 after purchasing an additional 1,320,686 shares in the last quarter. Cetera Investment Advisers grew its position in Capital Group Growth ETF by 19.4% during the 1st quarter. Cetera Investment Advisers now owns 9,800,927 shares of the company’s stock worth $393,899,000 after purchasing an additional 1,593,112 shares during the last quarter. Royal Bank of Canada grew its position in Capital Group Growth ETF by 30.1% during the 1st quarter. Royal Bank of Canada now owns 8,428,060 shares of the company’s stock worth $338,724,000 after purchasing an additional 1,952,001 shares during the last quarter. Kestra Advisory Services LLC grew its position in Capital Group Growth ETF by 17.3% during the 1st quarter. Kestra Advisory Services LLC now owns 3,021,423 shares of the company’s stock worth $121,431,000 after purchasing an additional 445,273 shares during the last quarter. Finally, Baird Financial Group Inc. increased its stake in Capital Group Growth ETF by 9.4% during the 2nd quarter. Baird Financial Group Inc. now owns 2,187,427 shares of the company’s stock valued at $103,247,000 after purchasing an additional 188,068 shares in the last quarter.
Capital Group Growth ETF Trading Down 4.7%
Shares of Capital Group Growth ETF stock opened at $44.30 on Friday. The firm’s 50 day simple moving average is $47.06 and its two-hundred day simple moving average is $45.26. The firm has a market capitalization of $24.70 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a 12-month low of $38.55 and a 12-month high of $48.69.
Capital Group Growth ETF 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.
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