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

Kestra Advisory Services LLC raised its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 21.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,873,101 shares of the company’s stock after purchasing an additional 854,920 shares during the period. Capital Group Growth ETF accounts for about 0.6% of Kestra Advisory Services LLC’s holdings, making the stock its 19th largest holding. Kestra Advisory Services LLC owned about 0.88% of Capital Group Growth ETF worth $231,131,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Canandaigua National Trust Co of Florida purchased a new stake in Capital Group Growth ETF in the third quarter worth $1,470,000. Stonebridge Financial Group LLC boosted its holdings in Capital Group Growth ETF by 5.9% in the third quarter. Stonebridge Financial Group LLC now owns 469,504 shares of the company’s stock valued at $22,269,000 after acquiring an additional 26,343 shares in the last quarter. Private Client Services LLC purchased a new position in Capital Group Growth ETF during the 2nd quarter valued at $1,297,000. DAVENPORT & Co LLC increased its position in Capital Group Growth ETF by 18.8% during the 2nd quarter. DAVENPORT & Co LLC now owns 600,338 shares of the company’s stock valued at $28,336,000 after purchasing an additional 94,900 shares during the period. Finally, Waverly Advisors LLC purchased a new position in Capital Group Growth ETF during the 2nd quarter valued at $10,716,000.

Capital Group Growth ETF Trading Down 4.7%

Shares of NYSEARCA CGGR opened at $44.30 on Friday. Capital Group Growth ETF has a 12 month low of $38.55 and a 12 month high of $48.69. The firm has a market capitalization of $24.70 billion, a PE ratio of 30.88 and a beta of 1.18. The firm has a fifty day simple moving average of $47.06 and a two-hundred day simple moving average of $45.26.

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.