Capital Group Growth ETF $CGGR Position Increased by James T. Borello RIA

James T. Borello RIA boosted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 13.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 294,628 shares of the company’s stock after purchasing an additional 34,216 shares during the period. Capital Group Growth ETF accounts for approximately 2.9% of James T. Borello RIA’s investment portfolio, making the stock its 11th biggest holding. James T. Borello RIA’s holdings in Capital Group Growth ETF were worth $13,974,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in shares of Capital Group Growth ETF by 10.3% in the first quarter. Bank of America Corp DE now owns 14,193,836 shares of the company’s stock valued at $570,450,000 after buying an additional 1,320,686 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Capital Group Growth ETF by 19.4% during the first quarter. Cetera Investment Advisers now owns 9,800,927 shares of the company’s stock worth $393,899,000 after buying an additional 1,593,112 shares during the period. Royal Bank of Canada grew its holdings in shares of Capital Group Growth ETF by 30.1% during the first quarter. Royal Bank of Canada now owns 8,428,060 shares of the company’s stock worth $338,724,000 after buying an additional 1,952,001 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in shares of Capital Group Growth ETF by 17.3% during the first quarter. Kestra Advisory Services LLC now owns 3,021,423 shares of the company’s stock worth $121,431,000 after buying an additional 445,273 shares during the last quarter. Finally, Advance Capital Management Inc. grew its holdings 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 worth $114,949,000 after buying an additional 2,017,650 shares during the last quarter.

Capital Group Growth ETF Stock Down 2.2%

CGGR stock traded down $1.03 during trading on Friday, hitting $46.65. The company had a trading volume of 3,794,967 shares, compared to its average volume of 3,066,973. The firm has a market cap of $25.82 billion, a PE ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a 1-year low of $38.55 and a 1-year high of $48.69. The firm has a 50-day moving average price of $47.26 and a 200-day moving average price of $45.98.

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.