Nations Financial Group Inc. IA ADV Raises Stock Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Nations Financial Group Inc. IA ADV lifted its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 21.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 13,489 shares of the company’s stock after buying an additional 2,405 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in Capital Group Growth ETF were worth $469,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in CGGR. Oppenheimer & Co. Inc. grew its position in Capital Group Growth ETF by 33.0% in the first quarter. Oppenheimer & Co. Inc. now owns 23,104 shares of the company’s stock worth $739,000 after acquiring an additional 5,735 shares in the last quarter. Blair William & Co. IL boosted its holdings in shares of Capital Group Growth ETF by 2.5% in the 1st quarter. Blair William & Co. IL now owns 117,406 shares of the company’s stock worth $3,756,000 after purchasing an additional 2,867 shares during the period. Orion Portfolio Solutions LLC increased its position in shares of Capital Group Growth ETF by 16.7% during the 1st quarter. Orion Portfolio Solutions LLC now owns 56,245 shares of the company’s stock valued at $1,799,000 after purchasing an additional 8,065 shares during the last quarter. Nwam LLC raised its holdings in Capital Group Growth ETF by 16.1% during the 1st quarter. Nwam LLC now owns 12,210 shares of the company’s stock valued at $384,000 after buying an additional 1,696 shares during the period. Finally, Osaic Holdings Inc. raised its holdings in Capital Group Growth ETF by 1.9% during the 1st quarter. Osaic Holdings Inc. now owns 2,157,746 shares of the company’s stock valued at $69,025,000 after buying an additional 40,397 shares during the period.

Capital Group Growth ETF Stock Down 0.2 %

NYSEARCA CGGR opened at $37.42 on Thursday. Capital Group Growth ETF has a 52 week low of $25.89 and a 52 week high of $37.76. The firm has a market capitalization of $6.37 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. The company has a fifty day moving average of $34.90 and a two-hundred day moving average of $33.33.

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.