Great Valley Advisor Group Inc. Has $53.53 Million Stock Holdings in Capital Group Growth ETF $CGGR

Great Valley Advisor Group Inc. grew its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 8.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,203,656 shares of the company’s stock after buying an additional 98,738 shares during the period. Capital Group Growth ETF makes up 1.0% of Great Valley Advisor Group Inc.’s investment portfolio, making the stock its 17th biggest position. Great Valley Advisor Group Inc.’s holdings in Capital Group Growth ETF were worth $53,527,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in CGGR. Founders Financial Alliance LLC grew its stake in Capital Group Growth ETF by 1,656.5% during the third quarter. Founders Financial Alliance LLC now owns 116,142 shares of the company’s stock worth $5,101,000 after purchasing an additional 109,530 shares during the period. Genesis Private Wealth LLC grew its stake in Capital Group Growth ETF by 7.6% during the fourth quarter. Genesis Private Wealth LLC now owns 227,232 shares of the company’s stock worth $10,105,000 after purchasing an additional 16,050 shares during the period. Valmark Advisers Inc. grew its stake in Capital Group Growth ETF by 51.2% during the fourth quarter. Valmark Advisers Inc. now owns 873,172 shares of the company’s stock worth $38,830,000 after purchasing an additional 295,543 shares during the period. Cozad Asset Management Inc. grew its stake in Capital Group Growth ETF by 10.7% during the third quarter. Cozad Asset Management Inc. now owns 169,183 shares of the company’s stock worth $7,431,000 after purchasing an additional 16,315 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in Capital Group Growth ETF by 40.6% during the third quarter. JPMorgan Chase & Co. now owns 1,384,925 shares of the company’s stock worth $57,516,000 after purchasing an additional 400,108 shares during the period.

Capital Group Growth ETF Price Performance

NYSEARCA CGGR opened at $45.77 on Friday. The business has a 50 day simple moving average of $44.86 and a 200 day simple moving average of $44.02. Capital Group Growth ETF has a one year low of $38.49 and a one year high of $48.02. The stock has a market capitalization of $22.75 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.