Everpar Advisors LLC Has $2.92 Million Stake in Capital Group Growth ETF (NYSEARCA:CGGR)

Everpar Advisors LLC lifted its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 21.0% in the 1st quarter, HoldingsChannel.com reports. The fund owned 85,173 shares of the company’s stock after acquiring an additional 14,772 shares during the quarter. Capital Group Growth ETF comprises approximately 1.5% of Everpar Advisors LLC’s portfolio, making the stock its 10th largest holding. Everpar Advisors LLC’s holdings in Capital Group Growth ETF were worth $2,917,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in shares of Capital Group Growth ETF in the 4th quarter worth about $257,888,000. LPL Financial LLC lifted its holdings in Capital Group Growth ETF by 34.9% during the fourth quarter. LPL Financial LLC now owns 16,775,326 shares of the company’s stock valued at $623,539,000 after purchasing an additional 4,337,156 shares during the last quarter. Leigh Baldwin & CO. LLC bought a new stake in shares of Capital Group Growth ETF during the fourth quarter valued at about $63,610,000. WNY Asset Management LLC increased its position in shares of Capital Group Growth ETF by 2,003.1% during the fourth quarter. WNY Asset Management LLC now owns 1,613,840 shares of the company’s stock valued at $59,986,000 after buying an additional 1,537,104 shares during the period. Finally, Wells Fargo & Company MN increased its position in shares of Capital Group Growth ETF by 25.4% during the fourth quarter. Wells Fargo & Company MN now owns 6,763,699 shares of the company’s stock valued at $251,407,000 after buying an additional 1,368,362 shares during the period.

Capital Group Growth ETF Trading Down 1.1%

CGGR stock opened at $38.75 on Friday. The company’s 50 day moving average is $36.13 and its 200 day moving average is $36.93. The stock has a market cap of $12.43 billion, a price-to-earnings ratio of 30.36 and a beta of 1.18. Capital Group Growth ETF has a 1-year low of $29.23 and a 1-year high of $39.96.

About Capital Group Growth ETF

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.