PKS Advisory Services LLC Boosts Holdings in Capital Group Growth ETF $CGGR

PKS Advisory Services LLC grew its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 30.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 77,100 shares of the company’s stock after buying an additional 17,943 shares during the quarter. Capital Group Growth ETF accounts for about 0.8% of PKS Advisory Services LLC’s portfolio, making the stock its 22nd largest holding. PKS Advisory Services LLC’s holdings in Capital Group Growth ETF were worth $3,429,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. WESPAC Advisors LLC acquired a new position in Capital Group Growth ETF in the third quarter valued at approximately $545,000. Founders Financial Alliance LLC boosted its stake in Capital Group Growth ETF by 1,656.5% in the third quarter. Founders Financial Alliance LLC now owns 116,142 shares of the company’s stock valued at $5,101,000 after acquiring an additional 109,530 shares during the period. Genesis Private Wealth LLC boosted its stake in Capital Group Growth ETF by 7.6% in the fourth quarter. Genesis Private Wealth LLC now owns 227,232 shares of the company’s stock valued at $10,105,000 after acquiring an additional 16,050 shares during the period. Valmark Advisers Inc. boosted its stake in Capital Group Growth ETF by 51.2% in the fourth quarter. Valmark Advisers Inc. now owns 873,172 shares of the company’s stock valued at $38,830,000 after acquiring an additional 295,543 shares during the period. Finally, Adamsbrown Wealth Consultants LLC boosted its stake in Capital Group Growth ETF by 1.3% in the third quarter. Adamsbrown Wealth Consultants LLC now owns 1,042,361 shares of the company’s stock valued at $45,781,000 after acquiring an additional 12,990 shares during the period.

Capital Group Growth ETF Trading Up 0.0%

Shares of NYSEARCA CGGR opened at $44.86 on Tuesday. The stock has a 50 day simple moving average of $42.42 and a 200-day simple moving average of $43.57. The company has a market cap of $22.30 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 12-month low of $35.23 and a 12-month 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.