IFP Advisors Inc Buys 145,840 Shares of Capital Group Growth ETF $CGGR

IFP Advisors Inc raised its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 24.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 749,889 shares of the company’s stock after buying an additional 145,840 shares during the quarter. Capital Group Growth ETF comprises about 0.6% of IFP Advisors Inc’s portfolio, making the stock its 25th biggest holding. IFP Advisors Inc owned about 0.14% of Capital Group Growth ETF worth $35,567,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Center For Asset Management LLC acquired a new stake in shares of Capital Group Growth ETF during the third quarter valued at about $1,129,000. CWS Financial Advisors LLC increased its position in shares of Capital Group Growth ETF by 3.9% during the third quarter. CWS Financial Advisors LLC now owns 146,899 shares of the company’s stock valued at $6,967,000 after acquiring an additional 5,504 shares during the last quarter. Processus Wealth & Capital Management LLC raised its stake in shares of Capital Group Growth ETF by 4.9% in the 3rd quarter. Processus Wealth & Capital Management LLC now owns 16,662 shares of the company’s stock valued at $790,000 after acquiring an additional 782 shares during the period. KWB Wealth raised its stake in shares of Capital Group Growth ETF by 37.1% in the 3rd quarter. KWB Wealth now owns 243,471 shares of the company’s stock valued at $11,548,000 after acquiring an additional 65,889 shares during the period. Finally, Selby Wealth Management LLC raised its stake in shares of Capital Group Growth ETF by 7.3% in the 3rd quarter. Selby Wealth Management LLC now owns 92,733 shares of the company’s stock valued at $4,398,000 after acquiring an additional 6,290 shares during the period.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $46.65 on Friday. The firm’s 50 day moving average price is $47.26 and its 200-day moving average price is $45.98. Capital Group Growth ETF has a one year low of $38.55 and a one year high of $48.69. The firm has a market cap of $25.82 billion, a P/E ratio of 30.88 and a beta of 1.18.

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.