Lynch & Associates IN Has $1.27 Million Position in Capital Group Growth ETF $CGGR

Lynch & Associates IN grew its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 20.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,213 shares of the company’s stock after buying an additional 5,312 shares during the quarter. Lynch & Associates IN’s holdings in Capital Group Growth ETF were worth $1,269,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in CGGR. LPL Financial LLC grew its holdings in shares of Capital Group Growth ETF by 36.1% during the 1st quarter. LPL Financial LLC now owns 22,834,860 shares of the company’s stock valued at $782,094,000 after purchasing an additional 6,059,534 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of Capital Group Growth ETF by 13.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 11,677,554 shares of the company’s stock valued at $399,956,000 after purchasing an additional 1,415,798 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Capital Group Growth ETF by 14.8% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 9,074,492 shares of the company’s stock valued at $310,801,000 after purchasing an additional 1,166,451 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Capital Group Growth ETF by 17.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 8,099,224 shares of the company’s stock valued at $277,398,000 after purchasing an additional 1,175,119 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of Capital Group Growth ETF by 12.1% during the 1st quarter. Raymond James Financial Inc. now owns 7,777,757 shares of the company’s stock valued at $266,388,000 after purchasing an additional 839,677 shares during the last quarter.

Capital Group Growth ETF Trading Down 0.9%

Shares of Capital Group Growth ETF stock opened at $44.17 on Wednesday. The firm has a market capitalization of $15.31 billion, a PE ratio of 30.88 and a beta of 1.09. The firm’s 50 day moving average is $42.37 and its 200 day moving average is $38.61. Capital Group Growth ETF has a 1 year low of $29.23 and a 1 year high of $44.71.

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.