Lynch & Associates IN Raises Stock Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Lynch & Associates IN lifted its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 7.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,476 shares of the company’s stock after purchasing an additional 1,285 shares during the quarter. Lynch & Associates IN’s holdings in Capital Group Growth ETF were worth $650,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of CGGR. LPL Financial LLC raised its holdings in shares of Capital Group Growth ETF by 24.6% in the third quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock valued at $432,724,000 after buying an additional 2,456,913 shares during the last quarter. Kestra Investment Management LLC acquired a new stake in Capital Group Growth ETF during the 2nd quarter worth approximately $44,429,000. Envestnet Asset Management Inc. grew its stake in shares of Capital Group Growth ETF by 27.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,077,593 shares of the company’s stock valued at $167,002,000 after purchasing an additional 1,099,783 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Capital Group Growth ETF in the 2nd quarter valued at approximately $25,746,000. Finally, Sei Investments Co. acquired a new position in shares of Capital Group Growth ETF in the second quarter valued at approximately $25,735,000.

Capital Group Growth ETF Stock Down 1.1 %

NYSEARCA:CGGR traded down $0.43 during midday trading on Friday, reaching $37.36. The stock had a trading volume of 3,027,573 shares, compared to its average volume of 2,264,666. The stock has a market cap of $6.36 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 12-month low of $27.77 and a 12-month high of $39.36. The firm has a fifty day simple moving average of $37.62 and a two-hundred day simple moving average of $35.03.

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.