346,473 Shares in Capital Group Growth ETF (NYSEARCA:CGGR) Acquired by Gutierrez Wealth Advisory LLC

Gutierrez Wealth Advisory LLC bought a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 346,473 shares of the company’s stock, valued at approximately $12,878,000. Capital Group Growth ETF comprises approximately 10.6% of Gutierrez Wealth Advisory LLC’s portfolio, making the stock its 2nd biggest holding. Gutierrez Wealth Advisory LLC owned about 0.20% of Capital Group Growth ETF at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in CGGR. Natixis Advisors LLC lifted its stake in Capital Group Growth ETF by 33.8% in the third quarter. Natixis Advisors LLC now owns 51,900 shares of the company’s stock valued at $1,806,000 after acquiring an additional 13,112 shares during the last quarter. Prospera Private Wealth LLC acquired a new stake in Capital Group Growth ETF in the third quarter valued at approximately $186,000. Commerce Bank acquired a new stake in shares of Capital Group Growth ETF in the third quarter worth $336,000. LPL Financial LLC lifted its stake in shares of Capital Group Growth ETF by 24.6% in the third quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock worth $432,724,000 after buying an additional 2,456,913 shares during the last quarter. Finally, CFS Investment Advisory Services LLC lifted its stake in shares of Capital Group Growth ETF by 18.5% in the third quarter. CFS Investment Advisory Services LLC now owns 41,478 shares of the company’s stock worth $1,443,000 after buying an additional 6,462 shares during the last quarter.

Capital Group Growth ETF Trading Down 0.1 %

Shares of Capital Group Growth ETF stock opened at $35.01 on Friday. The firm has a fifty day simple moving average of $37.75 and a 200-day simple moving average of $36.69. Capital Group Growth ETF has a 1-year low of $29.70 and a 1-year high of $39.96. The stock has a market capitalization of $10.03 billion, a price-to-earnings ratio of 28.51 and a beta of 1.16.

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.