Capital Group Growth ETF $CGGR Shares Bought by PFG Advisors

PFG Advisors raised its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 13.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 413,340 shares of the company’s stock after acquiring an additional 47,595 shares during the quarter. Capital Group Growth ETF makes up about 0.5% of PFG Advisors’ holdings, making the stock its 18th largest holding. PFG Advisors owned 0.12% of Capital Group Growth ETF worth $16,802,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC raised its stake in Capital Group Growth ETF by 36.1% in 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. Envestnet Asset Management Inc. raised its position in shares of Capital Group Growth ETF by 29.0% in the second quarter. Envestnet Asset Management Inc. now owns 10,446,012 shares of the company’s stock valued at $424,630,000 after buying an additional 2,346,788 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of Capital Group Growth ETF by 13.8% in the first quarter. Commonwealth Equity Services LLC now owns 11,677,554 shares of the company’s stock worth $399,956,000 after buying an additional 1,415,798 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Capital Group Growth ETF by 14.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 9,074,492 shares of the company’s stock worth $310,801,000 after acquiring an additional 1,166,451 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its stake in Capital Group Growth ETF by 49.3% during the 1st quarter. Jones Financial Companies Lllp now owns 3,322,912 shares of the company’s stock valued at $113,975,000 after acquiring an additional 1,097,272 shares in the last quarter.

Capital Group Growth ETF Price Performance

CGGR opened at $43.50 on Friday. The firm has a market capitalization of $17.43 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The company’s 50 day simple moving average is $44.00 and its two-hundred day simple moving average is $41.09. Capital Group Growth ETF has a 1-year low of $29.23 and a 1-year high of $45.83.

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.