Blue Zone Wealth Advisors LLC Grows Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Blue Zone Wealth Advisors LLC increased its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 24.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,873 shares of the company’s stock after purchasing an additional 1,748 shares during the quarter. Blue Zone Wealth Advisors LLC’s holdings in Capital Group Growth ETF were worth $304,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CGGR. Capital Group Private Client Services Inc. raised its position 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 purchasing an additional 714,941 shares during the period. LPL Financial LLC raised its position in shares of Capital Group Growth ETF by 34.9% in the fourth quarter. LPL Financial LLC now owns 16,775,326 shares of the company’s stock valued at $623,539,000 after purchasing an additional 4,337,156 shares during the period. Bank of America Corp DE raised its position in shares of Capital Group Growth ETF by 2.6% in the fourth quarter. Bank of America Corp DE now owns 10,359,956 shares of the company’s stock valued at $385,080,000 after purchasing an additional 263,848 shares during the period. Commonwealth Equity Services LLC raised its position 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 valued at $381,429,000 after purchasing an additional 938,655 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of Capital Group Growth ETF in the fourth quarter valued at approximately $257,888,000.

Capital Group Growth ETF Stock Up 1.0%

NYSEARCA CGGR opened at $38.95 on Friday. The company’s 50 day moving average is $35.42 and its 200-day moving average is $36.87. Capital Group Growth ETF has a 12-month low of $29.23 and a 12-month high of $39.96. The firm has a market cap of $12.50 billion, a P/E ratio of 30.36 and a beta of 1.18.

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.