Capital Group Growth ETF $CGGR Stake Increased by MSH Capital Advisors LLC

MSH Capital Advisors LLC grew its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 30.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 53,071 shares of the company’s stock after buying an additional 12,258 shares during the quarter. MSH Capital Advisors LLC’s holdings in Capital Group Growth ETF were worth $2,517,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Valmark Advisers Inc. increased its position in Capital Group Growth ETF by 5.6% in the 3rd quarter. Valmark Advisers Inc. now owns 1,826,102 shares of the company’s stock valued at $86,612,000 after acquiring an additional 97,277 shares in the last quarter. Allworth Financial LP lifted its position in shares of Capital Group Growth ETF by 0.4% during the third quarter. Allworth Financial LP now owns 141,294 shares of the company’s stock worth $6,669,000 after purchasing an additional 601 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of Capital Group Growth ETF by 290.1% during the third quarter. Russell Investments Group Ltd. now owns 7,299 shares of the company’s stock worth $346,000 after purchasing an additional 5,428 shares in the last quarter. Fifth Third Bancorp lifted its position in shares of Capital Group Growth ETF by 5.8% during the third quarter. Fifth Third Bancorp now owns 85,350 shares of the company’s stock worth $4,048,000 after purchasing an additional 4,695 shares in the last quarter. Finally, Endeavor Private Wealth Inc. lifted its position in shares of Capital Group Growth ETF by 0.9% during the third quarter. Endeavor Private Wealth Inc. now owns 82,554 shares of the company’s stock worth $3,916,000 after purchasing an additional 758 shares in the last quarter.

Capital Group Growth ETF Trading Down 0.5%

Shares of CGGR traded down $0.21 during mid-day trading on Friday, hitting $45.84. 2,182,550 shares of the company traded hands, compared to its average volume of 3,085,970. Capital Group Growth ETF has a one year low of $38.55 and a one year high of $48.69. The business has a 50-day moving average of $46.93 and a 200 day moving average of $45.30. The stock has a market capitalization of $25.59 billion, a price-to-earnings ratio of 25.67 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.