Mutual Advisors LLC Grows Stock Position in Capital Group Growth ETF $CGGR

Mutual Advisors LLC boosted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 39.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 232,410 shares of the company’s stock after purchasing an additional 66,207 shares during the quarter. Mutual Advisors LLC owned approximately 0.07% of Capital Group Growth ETF worth $9,692,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. LPL Financial LLC grew its position in shares of Capital Group Growth ETF by 36.1% during the first quarter. LPL Financial LLC now owns 22,834,860 shares of the company’s stock worth $782,094,000 after buying an additional 6,059,534 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in Capital Group Growth ETF by 13.8% in the first quarter. Commonwealth Equity Services LLC now owns 11,677,554 shares of the company’s stock worth $399,956,000 after acquiring an additional 1,415,798 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Capital Group Growth ETF by 14.8% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 9,074,492 shares of the company’s stock worth $310,801,000 after acquiring an additional 1,166,451 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Capital Group Growth ETF by 17.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 8,099,224 shares of the company’s stock worth $277,398,000 after acquiring an additional 1,175,119 shares in the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of Capital Group Growth ETF by 12.1% in the 1st quarter. Raymond James Financial Inc. now owns 7,777,757 shares of the company’s stock valued at $266,388,000 after purchasing an additional 839,677 shares during the last quarter.

Capital Group Growth ETF Trading Down 0.4%

Shares of CGGR opened at $43.83 on Wednesday. The firm has a market capitalization of $16.74 billion, a price-to-earnings ratio of 30.88 and a beta of 1.09. The firm’s fifty day simple moving average is $43.14 and its 200-day simple moving average is $39.56. Capital Group Growth ETF has a twelve month low of $29.23 and a twelve month high of $44.71.

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.