Cetera Investment Advisers Acquires 1,593,112 Shares of Capital Group Growth ETF $CGGR

Cetera Investment Advisers boosted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 19.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,800,927 shares of the company’s stock after purchasing an additional 1,593,112 shares during the period. Cetera Investment Advisers owned about 1.97% of Capital Group Growth ETF worth $393,899,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of CGGR. Triumph Capital Management bought a new stake in shares of Capital Group Growth ETF in the 3rd quarter worth approximately $29,000. Mark Sheptoff Financial Planning LLC increased its stake in shares of Capital Group Growth ETF by 88.7% during the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock valued at $47,000 after buying an additional 500 shares during the period. Avion Wealth bought a new position in shares of Capital Group Growth ETF during the fourth quarter valued at approximately $68,000. Godfrey Financial Associates Inc. purchased a new stake in Capital Group Growth ETF in the fourth quarter worth $78,000. Finally, WFA of San Diego LLC purchased a new stake in Capital Group Growth ETF in the second quarter worth $81,000.

Capital Group Growth ETF Stock Down 0.8%

NYSEARCA:CGGR opened at $45.60 on Thursday. The firm’s fifty day simple moving average is $46.38 and its 200 day simple moving average is $44.44. The stock has a market cap of $24.14 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a twelve month low of $38.55 and a twelve month high of $48.02.

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.