Cetera Investment Advisers Acquires 1,247,558 Shares of Capital Group Growth ETF $CGGR

Cetera Investment Advisers lifted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 25.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,196,806 shares of the company’s stock after acquiring an additional 1,247,558 shares during the quarter. Cetera Investment Advisers’ holdings in Capital Group Growth ETF were worth $251,900,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Trust Co. of Vermont purchased a new position in Capital Group Growth ETF in the second quarter worth $51,000. Beacon Capital Management LLC bought a new stake in shares of Capital Group Growth ETF during the 2nd quarter worth $77,000. Chilton Capital Management LLC boosted its holdings in shares of Capital Group Growth ETF by 100.3% in the 2nd quarter. Chilton Capital Management LLC now owns 3,097 shares of the company’s stock worth $126,000 after buying an additional 1,551 shares during the last quarter. Vermillion & White Wealth Management Group LLC bought a new position in Capital Group Growth ETF during the first quarter valued at about $134,000. Finally, Zions Bancorporation National Association UT bought a new position in Capital Group Growth ETF during the first quarter valued at about $171,000.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $43.11 on Friday. The firm has a market cap of $17.27 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 52 week low of $29.23 and a 52 week high of $45.83. The firm’s 50-day simple moving average is $44.14 and its two-hundred day simple moving average is $41.38.

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.