Mutual Advisors LLC Has $2.51 Million Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Mutual Advisors LLC lessened its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 18.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 66,029 shares of the company’s stock after selling 14,722 shares during the quarter. Mutual Advisors LLC’s holdings in Capital Group Growth ETF were worth $2,510,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Mercer Global Advisors Inc. ADV boosted its stake in Capital Group Growth ETF by 11.3% in the second quarter. Mercer Global Advisors Inc. ADV now owns 14,923 shares of the company’s stock valued at $491,000 after acquiring an additional 1,515 shares during the last quarter. Daymark Wealth Partners LLC boosted its position in shares of Capital Group Growth ETF by 3.4% in the 2nd quarter. Daymark Wealth Partners LLC now owns 208,535 shares of the company’s stock worth $6,859,000 after purchasing an additional 6,841 shares during the last quarter. Creative Planning boosted its position in shares of Capital Group Growth ETF by 25.5% in the 2nd quarter. Creative Planning now owns 21,858 shares of the company’s stock worth $719,000 after purchasing an additional 4,435 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Capital Group Growth ETF by 3.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,771,174 shares of the company’s stock worth $189,814,000 after purchasing an additional 194,550 shares during the period. Finally, NewEdge Advisors LLC increased its holdings in Capital Group Growth ETF by 32.6% in the second quarter. NewEdge Advisors LLC now owns 967,138 shares of the company’s stock valued at $31,809,000 after purchasing an additional 237,601 shares during the last quarter.

Capital Group Growth ETF Trading Up 0.8 %

Shares of CGGR opened at $39.60 on Friday. The stock has a market cap of $6.74 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 1 year low of $28.78 and a 1 year high of $39.60. The stock’s 50-day moving average price is $37.97 and its two-hundred day moving average price is $35.38.

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.