Smith Thornton Advisors LLC Has $10.36 Million Stock Holdings in Capital Group Growth ETF $CGGR

Smith Thornton Advisors LLC grew its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 9.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 223,806 shares of the company’s stock after purchasing an additional 18,826 shares during the period. Capital Group Growth ETF comprises approximately 4.6% of Smith Thornton Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Smith Thornton Advisors LLC’s holdings in Capital Group Growth ETF were worth $10,362,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Investment Advisory Services Inc. TX ADV lifted its position in shares of Capital Group Growth ETF by 14.7% in the second quarter. Investment Advisory Services Inc. TX ADV now owns 63,404 shares of the company’s stock worth $2,993,000 after purchasing an additional 8,111 shares in the last quarter. Stewardship Concepts Financial Services LLC raised its holdings in Capital Group Growth ETF by 1.8% during the second quarter. Stewardship Concepts Financial Services LLC now owns 185,603 shares of the company’s stock worth $8,760,000 after acquiring an additional 3,232 shares in the last quarter. Clearview Wealth Management LLC boosted its position in Capital Group Growth ETF by 3.4% during the second quarter. Clearview Wealth Management LLC now owns 25,617 shares of the company’s stock valued at $1,209,000 after purchasing an additional 847 shares during the last quarter. Signature Resources Capital Management LLC boosted its position in Capital Group Growth ETF by 5.5% during the second quarter. Signature Resources Capital Management LLC now owns 76,234 shares of the company’s stock valued at $3,598,000 after purchasing an additional 3,953 shares during the last quarter. Finally, Genesis Private Wealth LLC grew its stake in Capital Group Growth ETF by 6.8% in the second quarter. Genesis Private Wealth LLC now owns 243,198 shares of the company’s stock valued at $11,479,000 after purchasing an additional 15,385 shares in the last quarter.

Capital Group Growth ETF Stock Up 0.2%

NYSEARCA:CGGR opened at $47.03 on Thursday. The firm has a market capitalization of $25.31 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a twelve month low of $38.55 and a twelve month high of $48.02. The stock’s 50 day moving average price is $46.10 and its two-hundred day moving average price is $44.51.

About Capital Group Growth ETF

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.