Dynamic Advisor Solutions LLC Has $3.12 Million Stake in Capital Group Growth ETF (NYSEARCA:CGGR)

Dynamic Advisor Solutions LLC boosted its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 7.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 89,547 shares of the company’s stock after purchasing an additional 6,264 shares during the quarter. Dynamic Advisor Solutions LLC owned about 0.05% of Capital Group Growth ETF worth $3,115,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in CGGR. Cetera Investment Advisers increased its stake in shares of Capital Group Growth ETF by 424.0% in the 1st quarter. Cetera Investment Advisers now owns 2,561,854 shares of the company’s stock valued at $81,954,000 after acquiring an additional 2,072,971 shares in the last quarter. Capital Group Private Client Services Inc. boosted its position in shares of Capital Group Growth ETF by 14.5% during the 1st quarter. Capital Group Private Client Services Inc. now owns 15,759,357 shares of the company’s stock worth $504,142,000 after purchasing an additional 1,990,616 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in shares of Capital Group Growth ETF in the 2nd quarter valued at about $44,429,000. Envestnet Asset Management Inc. increased its position in Capital Group Growth ETF by 27.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,077,593 shares of the company’s stock valued at $167,002,000 after buying an additional 1,099,783 shares in the last quarter. Finally, LPL Financial LLC raised its stake in Capital Group Growth ETF by 11.3% during the 2nd quarter. LPL Financial LLC now owns 9,981,257 shares of the company’s stock worth $328,284,000 after buying an additional 1,016,246 shares during the period.

Capital Group Growth ETF Stock Up 1.2 %

NYSEARCA CGGR opened at $35.04 on Wednesday. Capital Group Growth ETF has a 52 week low of $23.34 and a 52 week high of $35.08. The business has a 50 day moving average price of $33.32 and a 200-day moving average price of $32.54. The company has a market cap of $5.96 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22.

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.