Iams Wealth Management LLC Buys Shares of 13,774 Capital Group Growth ETF (NYSEARCA:CGGR)

Iams Wealth Management LLC bought a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 13,774 shares of the company’s stock, valued at approximately $512,000.

Several other hedge funds have also recently bought and sold shares of CGGR. LPL Financial LLC grew its stake in shares of Capital Group Growth ETF by 24.6% during the 3rd quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock worth $432,724,000 after acquiring an additional 2,456,913 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Capital Group Growth ETF by 4.0% in the third quarter. Commonwealth Equity Services LLC now owns 9,323,101 shares of the company’s stock valued at $324,351,000 after buying an additional 359,838 shares in the last quarter. Raymond James & Associates grew its stake in shares of Capital Group Growth ETF by 15.3% in the third quarter. Raymond James & Associates now owns 3,895,362 shares of the company’s stock valued at $135,520,000 after buying an additional 517,412 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of Capital Group Growth ETF by 23.1% in the second quarter. Cetera Investment Advisers now owns 3,153,822 shares of the company’s stock valued at $103,729,000 after buying an additional 591,968 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC grew its stake in shares of Capital Group Growth ETF by 24.7% in the third quarter. Signature Estate & Investment Advisors LLC now owns 2,957,191 shares of the company’s stock valued at $102,881,000 after buying an additional 586,545 shares in the last quarter.

Capital Group Growth ETF Trading Down 0.2 %

NYSEARCA:CGGR opened at $39.10 on Wednesday. The firm has a fifty day simple moving average of $38.12 and a 200 day simple moving average of $35.52. Capital Group Growth ETF has a 1-year low of $28.78 and a 1-year high of $39.71. The stock has a market capitalization of $6.65 billion, a PE ratio of 28.99 and a beta of 1.22.

Capital Group Growth ETF 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.