Cetera Investment Advisers Purchases 1,593,112 Shares of Capital Group Growth ETF $CGGR

Cetera Investment Advisers increased its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 19.4% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,800,927 shares of the company’s stock after purchasing an additional 1,593,112 shares during the quarter. Cetera Investment Advisers’ holdings in Capital Group Growth ETF were worth $393,899,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in CGGR. Goldman Sachs Group Inc. raised its holdings in Capital Group Growth ETF by 174.1% in the first quarter. Goldman Sachs Group Inc. now owns 319,824 shares of the company’s stock worth $10,954,000 after purchasing an additional 203,151 shares in the last quarter. First Trust Advisors LP bought a new stake in shares of Capital Group Growth ETF during the 2nd quarter valued at $211,000. Cerity Partners LLC boosted its holdings in shares of Capital Group Growth ETF by 176.7% during the 2nd quarter. Cerity Partners LLC now owns 66,761 shares of the company’s stock valued at $2,715,000 after buying an additional 42,631 shares in the last quarter. Sei Investments Co. grew its position in shares of Capital Group Growth ETF by 19.5% in the 2nd quarter. Sei Investments Co. now owns 1,163,011 shares of the company’s stock worth $47,277,000 after buying an additional 189,933 shares during the period. Finally, Diversify Wealth Management LLC purchased a new stake in shares of Capital Group Growth ETF in the 2nd quarter worth about $320,000.

Capital Group Growth ETF Price Performance

Shares of Capital Group Growth ETF stock opened at $45.60 on Thursday. The company has a 50-day moving average of $46.38 and a 200 day moving average of $44.44. The firm has a market cap of $24.14 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 1 year low of $38.55 and a 1 year high of $48.02.

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.