Advance Capital Management Inc. Has $14.28 Million Stock Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Advance Capital Management Inc. increased its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 1.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 384,059 shares of the company’s stock after acquiring an additional 4,713 shares during the quarter. Capital Group Growth ETF comprises about 0.7% of Advance Capital Management Inc.’s investment portfolio, making the stock its 14th biggest position. Advance Capital Management Inc. owned about 0.23% of Capital Group Growth ETF worth $14,275,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in CGGR. McNamara Financial Services Inc. grew its stake in shares of Capital Group Growth ETF by 44.5% in the third quarter. McNamara Financial Services Inc. now owns 10,414 shares of the company’s stock worth $362,000 after acquiring an additional 3,209 shares during the last quarter. Thoroughbred Financial Services LLC grew its position in Capital Group Growth ETF by 89.3% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 16,523 shares of the company’s stock worth $543,000 after purchasing an additional 7,796 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Capital Group Growth ETF by 11.3% during the 2nd quarter. LPL Financial LLC now owns 9,981,257 shares of the company’s stock worth $328,284,000 after purchasing an additional 1,016,246 shares during the period. Creative Planning lifted its stake in shares of Capital Group Growth ETF by 12.9% in the third quarter. Creative Planning now owns 24,676 shares of the company’s stock valued at $858,000 after buying an additional 2,818 shares during the period. Finally, Stephens Inc. AR bought a new stake in shares of Capital Group Growth ETF in the third quarter valued at about $655,000.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock traded up $0.53 during mid-day trading on Monday, reaching $38.36. The company’s stock had a trading volume of 2,414,894 shares, compared to its average volume of 2,193,021. The firm’s 50-day moving average is $37.42 and its two-hundred day moving average is $34.92. Capital Group Growth ETF has a 1-year low of $27.66 and a 1-year high of $39.36. The company has a market cap of $6.53 billion, a P/E ratio of 28.99 and a beta of 1.22.

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.