United Advisor Group LLC Buys 7,334 Shares of Capital Group Growth ETF $CGGR

United Advisor Group LLC grew its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 55.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,528 shares of the company’s stock after purchasing an additional 7,334 shares during the quarter. United Advisor Group LLC’s holdings in Capital Group Growth ETF were worth $834,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. LPL Financial LLC boosted its position in 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 buying an additional 6,059,534 shares during the period. Commonwealth Equity Services LLC increased its position in shares of Capital Group Growth ETF by 6.5% in the second quarter. Commonwealth Equity Services LLC now owns 12,435,851 shares of the company’s stock valued at $505,517,000 after acquiring an additional 758,297 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Capital Group Growth ETF by 29.0% during the second quarter. Envestnet Asset Management Inc. now owns 10,446,012 shares of the company’s stock valued at $424,630,000 after acquiring an additional 2,346,788 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of 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 purchasing an additional 1,166,451 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in shares of Capital Group Growth ETF by 12.1% during the first quarter. Raymond James Financial Inc. now owns 7,777,757 shares of the company’s stock worth $266,388,000 after purchasing an additional 839,677 shares during the period.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA:CGGR opened at $42.36 on Wednesday. The stock’s 50-day moving average is $44.11 and its 200 day moving average is $41.56. The company has a market cap of $16.97 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 1 year low of $29.23 and a 1 year high of $45.83.

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.