KPP Advisory Services LLC Has $10.66 Million Position in Capital Group Growth ETF $CGGR

KPP Advisory Services LLC boosted its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 53.6% during the 1st quarter, HoldingsChannel.com reports. The fund owned 265,207 shares of the company’s stock after acquiring an additional 92,513 shares during the period. Capital Group Growth ETF accounts for 1.5% of KPP Advisory Services LLC’s portfolio, making the stock its 17th biggest position. KPP Advisory Services LLC’s holdings in Capital Group Growth ETF were worth $10,659,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. BetterWealth LLC lifted its stake in shares of Capital Group Growth ETF by 3.8% in the 1st quarter. BetterWealth LLC now owns 213,461 shares of the company’s stock valued at $8,579,000 after purchasing an additional 7,735 shares during the period. Capital Asset Advisory Services LLC acquired a new stake in Capital Group Growth ETF during the first quarter worth approximately $247,000. Bellevue Asset Management LLC increased its holdings in Capital Group Growth ETF by 8.8% in the first quarter. Bellevue Asset Management LLC now owns 252,261 shares of the company’s stock worth $10,138,000 after purchasing an additional 20,459 shares in the last quarter. Essex Financial Services Inc. increased its holdings in Capital Group Growth ETF by 8.2% in the first quarter. Essex Financial Services Inc. now owns 112,428 shares of the company’s stock worth $4,518,000 after purchasing an additional 8,530 shares in the last quarter. Finally, Barnes Pettey Financial Advisors LLC lifted its stake in Capital Group Growth ETF by 2.0% in the first quarter. Barnes Pettey Financial Advisors LLC now owns 824,935 shares of the company’s stock valued at $33,154,000 after buying an additional 16,355 shares during the period.

Capital Group Growth ETF Stock Down 0.3%

Shares of CGGR stock opened at $47.07 on Thursday. The company has a market cap of $24.72 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 $38.55 and a 52 week high of $48.02. The firm has a 50 day moving average of $46.02 and a 200-day moving average of $44.24.

Capital Group Growth ETF Company 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.