Lodestone Wealth Management LLC Has $874,000 Stock Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Lodestone Wealth Management LLC boosted its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 29.4% in the third quarter, Holdings Channel reports. The institutional investor owned 25,129 shares of the company’s stock after acquiring an additional 5,713 shares during the quarter. Lodestone Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $874,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Latitude Advisors LLC increased its stake in shares of Capital Group Growth ETF by 4.2% in the third quarter. Latitude Advisors LLC now owns 40,145 shares of the company’s stock worth $1,397,000 after acquiring an additional 1,634 shares during the last quarter. Confluence Wealth Services Inc. grew its stake in Capital Group Growth ETF by 3.8% in the third quarter. Confluence Wealth Services Inc. now owns 649,916 shares of the company’s stock valued at $22,611,000 after purchasing an additional 23,853 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in Capital Group Growth ETF by 37.9% in the third quarter. Janney Montgomery Scott LLC now owns 866,478 shares of the company’s stock valued at $30,145,000 after purchasing an additional 237,921 shares in the last quarter. Clear Creek Financial Management LLC increased its position in Capital Group Growth ETF by 10.9% in the 3rd quarter. Clear Creek Financial Management LLC now owns 107,014 shares of the company’s stock worth $3,723,000 after purchasing an additional 10,528 shares during the last quarter. Finally, Gladstone Institutional Advisory LLC purchased a new stake in shares of Capital Group Growth ETF during the 3rd quarter worth about $267,000.

Capital Group Growth ETF Price Performance

Shares of Capital Group Growth ETF stock opened at $35.01 on Friday. The firm has a market cap of $5.96 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. The stock has a 50-day simple moving average of $34.35 and a 200-day simple moving average of $32.97. Capital Group Growth ETF has a 52-week low of $24.44 and a 52-week high of $35.92.

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.