Armor Investment Advisors LLC Has $11.24 Million Holdings in Capital Group Growth ETF $CGGR

Armor Investment Advisors LLC grew its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 9.7% during the first quarter, Holdings Channel.com reports. The firm owned 279,581 shares of the company’s stock after buying an additional 24,718 shares during the quarter. Capital Group Growth ETF accounts for approximately 4.0% of Armor Investment Advisors LLC’s portfolio, making the stock its 7th biggest position. Armor Investment Advisors LLC’s holdings in Capital Group Growth ETF were worth $11,236,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in CGGR. Morgan Stanley raised its position in Capital Group Growth ETF by 94.6% in the fourth 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 in the last quarter. LPL Financial LLC boosted its stake in Capital Group Growth ETF by 17.7% in the 4th quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock worth $2,019,429,000 after purchasing an additional 6,814,693 shares during the period. Raymond James Financial Inc. grew its holdings in shares of Capital Group Growth ETF by 31.7% during the third quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock valued at $489,487,000 after buying an additional 2,680,056 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of Capital Group Growth ETF by 26.2% in the 4th quarter. Wells Fargo & Company MN now owns 12,423,660 shares of the company’s stock valued at $552,480,000 after purchasing an additional 2,580,345 shares during the period. Finally, Advance Capital Management Inc. boosted its stake in shares of Capital Group Growth ETF by 239.5% during the 1st quarter. Advance Capital Management Inc. now owns 2,860,148 shares of the company’s stock valued at $114,949,000 after buying an additional 2,017,650 shares during the period.

Capital Group Growth ETF Price Performance

CGGR stock opened at $46.66 on Wednesday. The company has a 50 day moving average price of $46.21 and a 200 day moving average price of $44.32. The stock has a market capitalization of $24.57 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a fifty-two week low of $38.55 and a fifty-two week high of $48.02.

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.