Capital Group Growth ETF $CGGR Position Lifted by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC grew its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 3.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,444,828 shares of the company’s stock after acquiring an additional 44,150 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.27% of Capital Group Growth ETF worth $67,994,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Goldman Sachs Group Inc. raised its stake in shares of Capital Group Growth ETF by 174.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 319,824 shares of the company’s stock valued at $10,954,000 after purchasing an additional 203,151 shares in the last quarter. First Trust Advisors LP bought a new stake in Capital Group Growth ETF in the second quarter valued at about $211,000. Cerity Partners LLC increased its holdings in Capital Group Growth ETF by 176.7% in the second quarter. Cerity Partners LLC now owns 66,761 shares of the company’s stock valued at $2,715,000 after buying an additional 42,631 shares during the last quarter. Sei Investments Co. raised its stake in Capital Group Growth ETF by 19.5% during the second quarter. Sei Investments Co. now owns 1,163,011 shares of the company’s stock valued at $47,277,000 after buying an additional 189,933 shares in the last quarter. Finally, Diversify Wealth Management LLC acquired a new stake in Capital Group Growth ETF during the second quarter valued at approximately $320,000.

Capital Group Growth ETF Stock Up 0.2%

NYSEARCA:CGGR opened at $47.03 on Thursday. The company has a market cap of $25.31 billion, a PE ratio of 30.88 and a beta of 1.18. The business’s 50 day moving average is $46.10 and its two-hundred day moving average is $44.51. Capital Group Growth ETF has a 52 week low of $38.55 and a 52 week high of $48.02.

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.