Capital Group Growth ETF $CGGR Shares Bought by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC raised its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 19.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 247,893 shares of the company’s stock after buying an additional 40,137 shares during the period. EverSource Wealth Advisors LLC owned approximately 0.07% of Capital Group Growth ETF worth $10,077,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its holdings in shares of Capital Group Growth ETF by 29.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,446,012 shares of the company’s stock worth $424,630,000 after acquiring an additional 2,346,788 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Capital Group Growth ETF by 14.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,407,693 shares of the company’s stock worth $423,073,000 after purchasing an additional 1,333,201 shares during the last quarter. Cetera Investment Advisers boosted its position in Capital Group Growth ETF by 25.2% during the second quarter. Cetera Investment Advisers now owns 6,196,806 shares of the company’s stock worth $251,900,000 after purchasing an additional 1,247,558 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in Capital Group Growth ETF by 49.3% in the first quarter. Jones Financial Companies Lllp now owns 3,322,912 shares of the company’s stock valued at $113,975,000 after purchasing an additional 1,097,272 shares during the last quarter. Finally, Global Retirement Partners LLC acquired a new stake in Capital Group Growth ETF in the second quarter valued at $34,158,000.

Capital Group Growth ETF Stock Up 0.5%

Shares of CGGR stock opened at $44.32 on Thursday. The stock has a market cap of $17.75 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a fifty-two week low of $29.23 and a fifty-two week high of $45.83. The business has a fifty day simple moving average of $43.98 and a 200-day simple moving average of $42.04.

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.