Wealthcare Advisory Partners LLC Boosts Position in Capital Group Growth ETF $CGGR

Wealthcare Advisory Partners LLC lifted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 6.3% in the second quarter, Holdings Channel.com reports. The fund owned 688,721 shares of the company’s stock after purchasing an additional 40,990 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Capital Group Growth ETF were worth $32,508,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CGGR. LPL Financial LLC boosted its holdings in Capital Group Growth ETF by 17.7% in the fourth quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock valued at $2,019,429,000 after acquiring an additional 6,814,693 shares in the last quarter. Morgan Stanley raised its holdings in Capital Group Growth ETF by 94.6% in the 4th quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock worth $1,195,293,000 after purchasing an additional 13,065,920 shares in the last quarter. Capital Group Private Client Services Inc. lifted its position in shares of Capital Group Growth ETF by 2.5% in the 4th quarter. Capital Group Private Client Services Inc. now owns 24,026,194 shares of the company’s stock worth $1,068,445,000 after purchasing an additional 585,780 shares during the period. Bank of America Corp DE lifted its position in shares of Capital Group Growth ETF by 10.3% in the 1st quarter. Bank of America Corp DE now owns 14,193,836 shares of the company’s stock worth $570,450,000 after purchasing an additional 1,320,686 shares during the period. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Capital Group Growth ETF by 3.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 13,193,475 shares of the company’s stock valued at $586,714,000 after purchasing an additional 485,654 shares in the last quarter.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA CGGR opened at $47.01 on Tuesday. Capital Group Growth ETF has a 1 year low of $38.55 and a 1 year high of $48.02. The company’s 50-day moving average is $46.11 and its 200 day moving average is $44.48. The stock has a market capitalization of $25.30 billion, a P/E ratio of 30.88 and a beta of 1.18.

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.