Cetera Investment Advisers Boosts Stock Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Cetera Investment Advisers grew its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 23.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,153,822 shares of the company’s stock after purchasing an additional 591,968 shares during the quarter. Cetera Investment Advisers owned approximately 1.85% of Capital Group Growth ETF worth $103,729,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of CGGR. FinTrust Capital Advisors LLC purchased a new stake in Capital Group Growth ETF during the fourth quarter worth $42,000. Jones Financial Companies Lllp lifted its stake in shares of Capital Group Growth ETF by 692.7% during the 4th quarter. Jones Financial Companies Lllp now owns 153,602 shares of the company’s stock worth $4,336,000 after purchasing an additional 134,226 shares during the last quarter. Capital International Investors boosted its position in Capital Group Growth ETF by 2.8% during the fourth quarter. Capital International Investors now owns 21,249 shares of the company’s stock valued at $600,000 after purchasing an additional 578 shares in the last quarter. Per Stirling Capital Management LLC. purchased a new position in Capital Group Growth ETF in the fourth quarter valued at about $1,928,000. Finally, Cetera Advisor Networks LLC raised its holdings in Capital Group Growth ETF by 24.3% in the fourth quarter. Cetera Advisor Networks LLC now owns 1,142,418 shares of the company’s stock worth $32,250,000 after purchasing an additional 223,251 shares in the last quarter.

Capital Group Growth ETF Stock Performance

CGGR stock opened at $34.79 on Tuesday. Capital Group Growth ETF has a one year low of $23.34 and a one year high of $35.04. The firm has a market cap of $5.92 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. The firm has a 50-day simple moving average of $33.04 and a two-hundred day simple moving average of $32.41.

Capital Group Growth ETF 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.