World Investment Advisors Has $7.22 Million Stake in Capital Group Growth ETF $CGGR

World Investment Advisors lifted its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 25.2% during the fourth quarter, Holdings Channel reports. The fund owned 162,438 shares of the company’s stock after acquiring an additional 32,681 shares during the quarter. World Investment Advisors’ holdings in Capital Group Growth ETF were worth $7,224,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CGGR. Rollins Financial Advisors LLC acquired a new position in Capital Group Growth ETF during the fourth quarter valued at approximately $264,000. Meridian Wealth Management LLC lifted its stake in shares of Capital Group Growth ETF by 1.4% in the fourth quarter. Meridian Wealth Management LLC now owns 80,372 shares of the company’s stock worth $3,574,000 after buying an additional 1,114 shares during the last quarter. Certior Financial Group LLC lifted its stake in shares of Capital Group Growth ETF by 2.5% in the fourth quarter. Certior Financial Group LLC now owns 18,385 shares of the company’s stock worth $818,000 after buying an additional 449 shares during the last quarter. Summit Investment Advisory Services LLC boosted its holdings in shares of Capital Group Growth ETF by 4.0% during the 4th quarter. Summit Investment Advisory Services LLC now owns 859,208 shares of the company’s stock worth $38,209,000 after buying an additional 33,010 shares during the period. Finally, Colonial River Investments LLC boosted its holdings in shares of Capital Group Growth ETF by 6.8% during the 4th quarter. Colonial River Investments LLC now owns 284,130 shares of the company’s stock worth $12,635,000 after buying an additional 17,970 shares during the period.

Capital Group Growth ETF Trading Up 0.8%

NYSEARCA:CGGR opened at $46.33 on Thursday. The firm has a market capitalization of $23.03 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 1 year low of $37.05 and a 1 year high of $46.49. The firm’s fifty day simple moving average is $42.82 and its 200 day simple moving average is $43.66.

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.