Capital Group Growth ETF $CGGR Stock: Kestra Advisory Services LLC Boosts Position

Kestra Advisory Services LLC lifted its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 21.3% in the 3rd quarter, Holdings Channel reports. The fund owned 4,873,101 shares of the company’s stock after acquiring an additional 854,920 shares during the quarter. Capital Group Growth ETF accounts for 0.6% of Kestra Advisory Services LLC’s holdings, making the stock its 19th biggest holding. Kestra Advisory Services LLC’s holdings in Capital Group Growth ETF were worth $231,131,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. CoreCap Advisors LLC lifted its stake in shares of Capital Group Growth ETF by 4.3% in the 3rd quarter. CoreCap Advisors LLC now owns 5,631 shares of the company’s stock valued at $267,000 after purchasing an additional 234 shares during the period. Lantern Wealth Advisors LLC grew its stake in Capital Group Growth ETF by 0.9% in the third quarter. Lantern Wealth Advisors LLC now owns 27,415 shares of the company’s stock worth $1,300,000 after purchasing an additional 234 shares during the period. Sapient Capital LLC raised its holdings in Capital Group Growth ETF by 3.9% in the second quarter. Sapient Capital LLC now owns 6,730 shares of the company’s stock worth $318,000 after purchasing an additional 250 shares in the last quarter. CFS Investment Advisory Services LLC increased its stake in shares of Capital Group Growth ETF by 0.6% in the 2nd quarter. CFS Investment Advisory Services LLC now owns 48,597 shares of the company’s stock worth $2,261,000 after acquiring an additional 290 shares in the last quarter. Finally, KMG Fiduciary Partners LLC lifted its position in Capital Group Growth ETF by 1.7% during the 2nd quarter. KMG Fiduciary Partners LLC now owns 17,868 shares of the company’s stock valued at $843,000 after acquiring an additional 298 shares during the period.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA CGGR opened at $44.30 on Friday. Capital Group Growth ETF has a 1 year low of $38.55 and a 1 year high of $48.69. The firm has a 50-day moving average of $47.06 and a 200 day moving average of $45.26. The stock has a market cap of $24.70 billion, a P/E ratio of 30.88 and a beta of 1.18.

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.