Capital Group Growth ETF $CGGR Position Raised by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. raised its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 11.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 137,030 shares of the company’s stock after buying an additional 13,715 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Capital Group Growth ETF were worth $5,763,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently added to or reduced their stakes in CGGR. Founders Financial Alliance LLC grew its position in Capital Group Growth ETF by 1,656.5% during the 3rd quarter. Founders Financial Alliance LLC now owns 116,142 shares of the company’s stock worth $5,101,000 after acquiring an additional 109,530 shares during the last quarter. Genesis Private Wealth LLC grew its position in Capital Group Growth ETF by 7.6% during the 4th quarter. Genesis Private Wealth LLC now owns 227,232 shares of the company’s stock worth $10,105,000 after acquiring an additional 16,050 shares during the last quarter. Valmark Advisers Inc. grew its position in Capital Group Growth ETF by 51.2% during the 4th quarter. Valmark Advisers Inc. now owns 873,172 shares of the company’s stock worth $38,830,000 after acquiring an additional 295,543 shares during the last quarter. Cozad Asset Management Inc. lifted its holdings in Capital Group Growth ETF by 10.7% in the 3rd quarter. Cozad Asset Management Inc. now owns 169,183 shares of the company’s stock worth $7,431,000 after buying an additional 16,315 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in Capital Group Growth ETF by 40.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,384,925 shares of the company’s stock worth $57,516,000 after buying an additional 400,108 shares during the period.

Capital Group Growth ETF Stock Performance

NYSEARCA CGGR opened at $45.28 on Friday. Capital Group Growth ETF has a fifty-two week low of $38.49 and a fifty-two week high of $48.02. The stock has a 50 day simple moving average of $44.39 and a two-hundred day simple moving average of $43.92. The stock has a market cap of $22.51 billion, a P/E ratio of 30.88 and a beta of 1.17.

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.