Mutual Advisors LLC Has $18.39 Million Position in Capital Group Growth ETF $CGGR

Mutual Advisors LLC grew its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 5.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 413,560 shares of the company’s stock after buying an additional 19,680 shares during the quarter. Mutual Advisors LLC’s holdings in Capital Group Growth ETF were worth $18,391,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Hazlett Burt & Watson Inc. boosted its holdings in shares of Capital Group Growth ETF by 806.5% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new stake in shares of Capital Group Growth ETF in the 3rd quarter valued at $25,000. New Millennium Group LLC acquired a new stake in shares of Capital Group Growth ETF in the 3rd quarter valued at $25,000. Triumph Capital Management acquired a new stake in shares of Capital Group Growth ETF in the 3rd quarter valued at $29,000. Finally, Fifth Third Bancorp boosted its holdings in shares of Capital Group Growth ETF by 285.9% in the 3rd quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock valued at $30,000 after purchasing an additional 506 shares in the last quarter.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $44.64 on Friday. The company has a market cap of $22.06 billion, a PE ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a fifty-two week low of $35.20 and a fifty-two week high of $45.83. The stock’s fifty day moving average price is $42.42 and its two-hundred day moving average price is $43.58.

Capital Group Growth ETF Company 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.