Kestra Advisory Services LLC Purchases 445,273 Shares of Capital Group Growth ETF $CGGR

Kestra Advisory Services LLC raised its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 17.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,021,423 shares of the company’s stock after acquiring an additional 445,273 shares during the quarter. Capital Group Growth ETF makes up about 0.5% of Kestra Advisory Services LLC’s investment portfolio, making the stock its 28th largest holding. Kestra Advisory Services LLC owned 0.61% of Capital Group Growth ETF worth $121,431,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Triumph Capital Management bought a new position in Capital Group Growth ETF during the third quarter worth about $29,000. Mark Sheptoff Financial Planning LLC lifted its position in shares of Capital Group Growth ETF by 88.7% in 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 last quarter. Avion Wealth bought a new position in shares of Capital Group Growth ETF during the 4th quarter worth approximately $68,000. Godfrey Financial Associates Inc. acquired a new position in shares of Capital Group Growth ETF during the 4th quarter worth approximately $78,000. Finally, WFA of San Diego LLC bought a new stake in Capital Group Growth ETF in the 2nd quarter valued at $81,000.

Capital Group Growth ETF Price Performance

Shares of Capital Group Growth ETF stock opened at $46.99 on Friday. The business has a fifty day simple moving average of $46.29 and a two-hundred day simple moving average of $44.36. Capital Group Growth ETF has a 1 year low of $38.55 and a 1 year high of $48.02. The company has a market capitalization of $24.82 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17.

Capital Group Growth ETF 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.