EverSource Wealth Advisors LLC Boosts Position in Capital Group Growth ETF $CGGR

EverSource Wealth Advisors LLC raised its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 7.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 321,269 shares of the company’s stock after buying an additional 21,492 shares during the period. EverSource Wealth Advisors LLC owned about 0.06% of Capital Group Growth ETF worth $12,912,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Morgan Stanley raised its stake in shares of Capital Group Growth ETF by 94.6% in the 4th quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock valued at $1,195,293,000 after acquiring an additional 13,065,920 shares during the period. LPL Financial LLC increased its holdings in Capital Group Growth ETF by 17.7% in the 4th quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock valued at $2,019,429,000 after purchasing an additional 6,814,693 shares in the last quarter. Raymond James Financial Inc. raised its position in Capital Group Growth ETF by 31.7% in the third quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock valued at $489,487,000 after purchasing an additional 2,680,056 shares during the period. Wells Fargo & Company MN raised its position in Capital Group Growth ETF by 26.2% in the fourth quarter. Wells Fargo & Company MN now owns 12,423,660 shares of the company’s stock valued at $552,480,000 after purchasing an additional 2,580,345 shares during the period. Finally, Advance Capital Management Inc. lifted its stake 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 purchasing an additional 2,017,650 shares in the last quarter.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA CGGR opened at $44.57 on Wednesday. Capital Group Growth ETF has a 1-year low of $38.55 and a 1-year high of $48.02. The company has a market capitalization of $23.66 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The business has a 50-day moving average of $46.28 and a 200-day moving average of $44.42.

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.