Private Client Services LLC Acquires New Holdings in Capital Group Growth ETF $CGGR

Private Client Services LLC bought a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 27,485 shares of the company’s stock, valued at approximately $1,297,000.

Other institutional investors have also made changes to their positions in the company. Versant Capital Management Inc raised its stake in shares of Capital Group Growth ETF by 98.7% in the 2nd quarter. Versant Capital Management Inc now owns 10,616 shares of the company’s stock valued at $501,000 after acquiring an additional 5,273 shares during the period. CX Institutional boosted its position in shares of Capital Group Growth ETF by 475.0% during the 2nd quarter. CX Institutional now owns 4,031 shares of the company’s stock worth $190,000 after purchasing an additional 3,330 shares during the period. DV Trading LLC increased its holdings in Capital Group Growth ETF by 297.9% in the 1st quarter. DV Trading LLC now owns 17,508 shares of the company’s stock valued at $704,000 after purchasing an additional 13,108 shares during the last quarter. NewEdge Advisors LLC increased its holdings in Capital Group Growth ETF by 3.4% in the 1st quarter. NewEdge Advisors LLC now owns 1,509,552 shares of the company’s stock valued at $60,669,000 after purchasing an additional 49,640 shares during the last quarter. Finally, Cozad Asset Management Inc. increased its holdings in Capital Group Growth ETF by 10.9% in the 1st quarter. Cozad Asset Management Inc. now owns 196,567 shares of the company’s stock valued at $7,900,000 after purchasing an additional 19,300 shares during the last quarter.

Capital Group Growth ETF Stock Up 2.1%

Shares of NYSEARCA CGGR opened at $45.77 on Tuesday. The business’s 50 day moving average is $46.17 and its two-hundred day moving average is $44.40. Capital Group Growth ETF has a 52-week low of $38.55 and a 52-week high of $48.02. The firm has a market cap of $24.63 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17.

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.