Advance Capital Management Inc. Has $13.20 Million Stock Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Advance Capital Management Inc. lessened its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 28.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 379,346 shares of the company’s stock after selling 147,837 shares during the quarter. Capital Group Growth ETF comprises approximately 0.6% of Advance Capital Management Inc.’s investment portfolio, making the stock its 13th biggest holding. Advance Capital Management Inc. owned approximately 0.22% of Capital Group Growth ETF worth $13,197,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Transcendent Capital Group LLC bought a new stake in shares of Capital Group Growth ETF during the fourth quarter valued at approximately $33,000. GAMMA Investing LLC bought a new position in Capital Group Growth ETF in the 2nd quarter valued at $38,000. Fairscale Capital LLC acquired a new stake in shares of Capital Group Growth ETF in the 2nd quarter valued at $39,000. Whittier Trust Co. of Nevada Inc. raised its position in shares of Capital Group Growth ETF by 146.5% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,282 shares of the company’s stock worth $41,000 after acquiring an additional 762 shares during the last quarter. Finally, Clear Investment Research LLC acquired a new position in shares of Capital Group Growth ETF during the first quarter valued at $47,000.

Capital Group Growth ETF Stock Down 1.1 %

Capital Group Growth ETF stock opened at $34.62 on Tuesday. The stock has a market cap of $5.89 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 12-month low of $23.34 and a 12-month high of $35.04. The business’s 50-day simple moving average is $33.26 and its 200 day simple moving average is $32.52.

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.