Capital Group Growth ETF $CGGR Shares Purchased by Valmark Advisers Inc.

Valmark Advisers Inc. boosted its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 85.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,623,062 shares of the company’s stock after purchasing an additional 749,890 shares during the quarter. Capital Group Growth ETF makes up 0.8% of Valmark Advisers Inc.’s portfolio, making the stock its 29th biggest holding. Valmark Advisers Inc.’s holdings in Capital Group Growth ETF were worth $65,231,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. LPL Financial LLC raised its stake in shares of Capital Group Growth ETF by 17.7% during the 4th quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock worth $2,019,429,000 after buying an additional 6,814,693 shares during the last quarter. Morgan Stanley grew its stake in Capital Group Growth ETF by 94.6% in the 4th quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock valued at $1,195,293,000 after acquiring an additional 13,065,920 shares during the last quarter. Capital Group Private Client Services Inc. increased its holdings in Capital Group Growth ETF by 2.5% during the 4th quarter. Capital Group Private Client Services Inc. now owns 24,026,194 shares of the company’s stock valued at $1,068,445,000 after acquiring an additional 585,780 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in Capital Group Growth ETF by 3.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 13,193,475 shares of the company’s stock valued at $586,714,000 after acquiring an additional 485,654 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings 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 acquiring an additional 1,322,744 shares in the last quarter.

Capital Group Growth ETF Price Performance

CGGR traded up $0.07 during midday trading on Friday, reaching $47.06. 2,515,162 shares of the company’s stock were exchanged, compared to its average volume of 3,332,217. Capital Group Growth ETF has a 1-year low of $38.55 and a 1-year high of $48.02. The stock has a market capitalization of $24.87 billion, a PE ratio of 30.88 and a beta of 1.17. The business’s 50-day moving average price is $46.35 and its 200 day moving average price is $44.38.

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.