AA Financial Advisors LLC Purchases 358,472 Shares of Capital Group Growth ETF $CGGR

AA Financial Advisors LLC boosted its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 95.6% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 733,484 shares of the company’s stock after acquiring an additional 358,472 shares during the period. Capital Group Growth ETF comprises about 4.2% of AA Financial Advisors LLC’s investment portfolio, making the stock its 3rd biggest holding. AA Financial Advisors LLC’s holdings in Capital Group Growth ETF were worth $29,479,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in CGGR. LPL Financial LLC grew its stake in Capital Group Growth ETF by 17.7% during the 4th quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock worth $2,019,429,000 after buying an additional 6,814,693 shares during the last quarter. Morgan Stanley lifted its stake in shares of Capital Group Growth ETF by 94.6% in the 4th quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock worth $1,195,293,000 after acquiring an additional 13,065,920 shares during the period. Capital Group Private Client Services Inc. lifted its holdings in shares of Capital Group Growth ETF by 2.5% in the fourth quarter. Capital Group Private Client Services Inc. now owns 24,026,194 shares of the company’s stock valued at $1,068,445,000 after buying an additional 585,780 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of Capital Group Growth ETF by 3.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 13,193,475 shares of the company’s stock valued at $586,714,000 after purchasing an additional 485,654 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Capital Group Growth ETF by 11.5% in the 3rd quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock worth $562,219,000 after purchasing an additional 1,322,744 shares during the last quarter.

Capital Group Growth ETF Price Performance

NYSEARCA CGGR opened at $45.82 on Friday. Capital Group Growth ETF has a 12 month low of $38.55 and a 12 month high of $48.02. The company has a market capitalization of $22.78 billion, a P/E ratio of 30.88 and a beta of 1.17. The company’s 50 day simple moving average is $45.84 and its 200 day simple moving average is $44.18.

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.