Capital Group Growth ETF $CGGR Stock: Wealth Science Advisors LLC Grows Holdings

Wealth Science Advisors LLC grew its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 5.7% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 756,850 shares of the company’s stock after purchasing an additional 41,031 shares during the period. Capital Group Growth ETF comprises approximately 15.7% of Wealth Science Advisors LLC’s portfolio, making the stock its biggest position. Wealth Science Advisors LLC owned about 0.14% of Capital Group Growth ETF worth $35,897,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Advance Capital Management Inc. boosted its position in shares of Capital Group Growth ETF by 239.5% during the first quarter. Advance Capital Management Inc. now owns 2,860,148 shares of the company’s stock valued at $114,949,000 after buying an additional 2,017,650 shares during the last quarter. Royal Bank of Canada raised its position in Capital Group Growth ETF by 30.1% in the 1st quarter. Royal Bank of Canada now owns 8,428,060 shares of the company’s stock valued at $338,724,000 after buying an additional 1,952,001 shares during the last quarter. WNY Asset Management LLC bought a new position in Capital Group Growth ETF during the 1st quarter valued at $72,542,000. Cetera Investment Advisers lifted its stake in Capital Group Growth ETF by 19.4% during the 1st quarter. Cetera Investment Advisers now owns 9,800,927 shares of the company’s stock valued at $393,899,000 after acquiring an additional 1,593,112 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in Capital Group Growth ETF by 10.3% during the 1st quarter. Bank of America Corp DE now owns 14,193,836 shares of the company’s stock worth $570,450,000 after acquiring an additional 1,320,686 shares during the last quarter.

Capital Group Growth ETF Price Performance

NYSEARCA CGGR opened at $48.40 on Friday. Capital Group Growth ETF has a 1 year low of $38.55 and a 1 year high of $48.69. The firm has a market cap of $26.64 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18. The company has a fifty day moving average price of $47.15 and a 200-day moving average price of $45.72.

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.