Investmark Advisory Group LLC Buys 5,947 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Investmark Advisory Group LLC raised its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 2.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 236,187 shares of the company’s stock after acquiring an additional 5,947 shares during the quarter. Capital Group Growth ETF makes up 4.0% of Investmark Advisory Group LLC’s holdings, making the stock its 4th biggest position. Investmark Advisory Group LLC’s holdings in Capital Group Growth ETF were worth $8,217,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. LPL Financial LLC lifted its position in Capital Group Growth ETF by 24.6% in the 3rd quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock valued at $432,724,000 after acquiring an additional 2,456,913 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in Capital Group Growth ETF by 4.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 9,323,101 shares of the company’s stock valued at $324,351,000 after acquiring an additional 359,838 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Capital Group Growth ETF by 3.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,771,174 shares of the company’s stock worth $189,814,000 after buying an additional 194,550 shares during the period. Envestnet Asset Management Inc. lifted its stake in Capital Group Growth ETF by 27.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,077,593 shares of the company’s stock worth $167,002,000 after purchasing an additional 1,099,783 shares in the last quarter. Finally, Raymond James & Associates raised its stake in shares of Capital Group Growth ETF by 15.3% in the 3rd quarter. Raymond James & Associates now owns 3,895,362 shares of the company’s stock valued at $135,520,000 after acquiring an additional 517,412 shares during the period.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA CGGR opened at $38.03 on Tuesday. The stock has a fifty day moving average price of $35.86 and a 200 day moving average price of $33.85. The company has a market cap of $6.47 billion, a PE ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 1-year low of $26.41 and a 1-year high of $38.12.

About Capital Group Growth ETF

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.