World Investment Advisors Increases Position in Capital Group Growth ETF (NYSEARCA:CGGR)

World Investment Advisors boosted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 15.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 73,128 shares of the company’s stock after purchasing an additional 9,566 shares during the quarter. World Investment Advisors’ holdings in Capital Group Growth ETF were worth $2,718,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Park Avenue Securities LLC increased its stake in shares of Capital Group Growth ETF by 15.1% during the fourth quarter. Park Avenue Securities LLC now owns 19,905 shares of the company’s stock worth $740,000 after purchasing an additional 2,610 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Capital Group Growth ETF by 17.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 484,569 shares of the company’s stock worth $16,858,000 after buying an additional 73,399 shares in the last quarter. Merit Financial Group LLC raised its holdings in shares of Capital Group Growth ETF by 11.2% during the fourth quarter. Merit Financial Group LLC now owns 118,717 shares of the company’s stock valued at $4,413,000 after acquiring an additional 11,920 shares during the last quarter. Ashton Thomas Securities LLC lifted its position in shares of Capital Group Growth ETF by 570.8% in the fourth quarter. Ashton Thomas Securities LLC now owns 18,354 shares of the company’s stock valued at $682,000 after acquiring an additional 15,618 shares in the last quarter. Finally, 5T Wealth LLC acquired a new stake in shares of Capital Group Growth ETF in the fourth quarter worth approximately $5,472,000.

Capital Group Growth ETF Stock Performance

Shares of CGGR opened at $30.85 on Friday. The stock has a 50 day moving average price of $36.91 and a 200 day moving average price of $36.83. The stock has a market capitalization of $8.95 billion, a price-to-earnings ratio of 27.00 and a beta of 1.17. Capital Group Growth ETF has a one year low of $29.70 and a one year high of $39.96.

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.