Lantz Financial LLC Grows Stake in Capital Group Growth ETF $CGGR

Lantz Financial LLC grew its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 40.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 139,893 shares of the company’s stock after acquiring an additional 40,618 shares during the quarter. Capital Group Growth ETF comprises approximately 1.3% of Lantz Financial LLC’s portfolio, making the stock its 19th biggest position. Lantz Financial LLC’s holdings in Capital Group Growth ETF were worth $6,221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Capital Group Private Client Services Inc. grew its position in Capital Group Growth ETF by 5.3% during the 3rd quarter. Capital Group Private Client Services Inc. now owns 23,440,414 shares of the company’s stock valued at $1,029,503,000 after purchasing an additional 1,178,520 shares during the last quarter. Bank of America Corp DE increased its stake in Capital Group Growth ETF by 11.5% during the 3rd quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock valued at $562,219,000 after purchasing an additional 1,322,744 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in Capital Group Growth ETF by 2.2% in the third quarter. Commonwealth Equity Services LLC now owns 12,707,821 shares of the company’s stock worth $558,128,000 after buying an additional 271,970 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Capital Group Growth ETF by 15.4% in the third quarter. Envestnet Asset Management Inc. now owns 12,051,258 shares of the company’s stock worth $529,291,000 after buying an additional 1,605,246 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Capital Group Growth ETF by 9.3% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 11,374,810 shares of the company’s stock worth $499,582,000 after buying an additional 967,117 shares in the last quarter.

Capital Group Growth ETF Price Performance

NYSEARCA:CGGR opened at $39.02 on Monday. The stock has a market cap of $17.29 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The company’s 50 day moving average price is $42.92 and its 200-day moving average price is $43.79. Capital Group Growth ETF has a 52 week low of $29.23 and a 52 week high of $45.83.

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.