Capital Group Growth ETF $CGGR Stock: Confluence Wealth Services Inc. Boosts Position

Confluence Wealth Services Inc. boosted its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 7.3% during the third quarter, Holdings Channel reports. The firm owned 1,437,881 shares of the company’s stock after buying an additional 97,564 shares during the quarter. Capital Group Growth ETF comprises approximately 1.8% of Confluence Wealth Services Inc.’s holdings, making the stock its 15th biggest position. Confluence Wealth Services Inc.’s holdings in Capital Group Growth ETF were worth $68,199,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Bank of America Corp DE raised its stake in shares of Capital Group Growth ETF by 10.3% during the 1st quarter. Bank of America Corp DE now owns 14,193,836 shares of the company’s stock worth $570,450,000 after buying an additional 1,320,686 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of Capital Group Growth ETF by 19.4% in the 1st quarter. Cetera Investment Advisers now owns 9,800,927 shares of the company’s stock worth $393,899,000 after buying an additional 1,593,112 shares in the last quarter. Royal Bank of Canada grew its stake in Capital Group Growth ETF by 30.1% in the 1st quarter. Royal Bank of Canada now owns 8,428,060 shares of the company’s stock valued at $338,724,000 after acquiring an additional 1,952,001 shares during the last quarter. Kestra Advisory Services LLC grew its stake in Capital Group Growth ETF by 21.3% in the 3rd quarter. Kestra Advisory Services LLC now owns 4,873,101 shares of the company’s stock valued at $231,131,000 after acquiring an additional 854,920 shares during the last quarter. Finally, Kestra Investment Management LLC grew its stake in Capital Group Growth ETF by 11.7% in the 3rd quarter. Kestra Investment Management LLC now owns 3,155,244 shares of the company’s stock valued at $149,653,000 after acquiring an additional 330,731 shares during the last quarter.

Capital Group Growth ETF Trading Down 0.7%

NYSEARCA:CGGR opened at $45.85 on Wednesday. The firm has a 50-day moving average price of $46.97 and a two-hundred day moving average price of $45.28. Capital Group Growth ETF has a twelve month low of $38.55 and a twelve month high of $48.69. The company has a market capitalization of $25.57 billion, a P/E ratio of 25.67 and a beta of 1.19.

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.