Wealth Science Advisors LLC Takes $29.68 Million Position in Capital Group Growth ETF $CGGR

Wealth Science Advisors LLC acquired a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 667,396 shares of the company’s stock, valued at approximately $29,679,000. Capital Group Growth ETF makes up about 17.1% of Wealth Science Advisors LLC’s portfolio, making the stock its largest position. Wealth Science Advisors LLC owned approximately 0.15% of Capital Group Growth ETF at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Capital Group Private Client Services Inc. lifted its stake in shares of Capital Group Growth ETF by 5.3% in the third quarter. Capital Group Private Client Services Inc. now owns 23,440,414 shares of the company’s stock worth $1,029,503,000 after buying an additional 1,178,520 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Capital Group Growth ETF by 11.5% in the third quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock worth $562,219,000 after buying an additional 1,322,744 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of Capital Group Growth ETF by 2.2% in the third quarter. Commonwealth Equity Services LLC now owns 12,707,821 shares of the company’s stock worth $558,128,000 after buying an additional 271,970 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Capital Group Growth ETF by 15.4% in the third quarter. Envestnet Asset Management Inc. now owns 12,051,258 shares of the company’s stock worth $529,291,000 after buying an additional 1,605,246 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Capital Group Growth ETF by 9.3% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 11,374,810 shares of the company’s stock worth $499,582,000 after buying an additional 967,117 shares in the last quarter.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA CGGR opened at $44.14 on Friday. The firm’s 50 day moving average price is $42.26 and its 200-day moving average price is $43.56. The company has a market cap of $21.75 billion, a PE ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a 52-week low of $33.35 and a 52-week high of $45.83.

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.