Mercer Global Advisors Inc. ADV Boosts Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Mercer Global Advisors Inc. ADV boosted its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 11.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,923 shares of the company’s stock after buying an additional 1,515 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Capital Group Growth ETF were worth $491,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CGGR. Capital Group Private Client Services Inc. boosted its position in shares of Capital Group Growth ETF by 14.5% during the 1st quarter. Capital Group Private Client Services Inc. now owns 15,759,357 shares of the company’s stock worth $504,142,000 after purchasing an additional 1,990,616 shares in the last quarter. LPL Financial LLC boosted its position in shares of Capital Group Growth ETF by 11.3% during the 2nd quarter. LPL Financial LLC now owns 9,981,257 shares of the company’s stock worth $328,284,000 after purchasing an additional 1,016,246 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Capital Group Growth ETF by 6.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 8,963,263 shares of the company’s stock worth $294,802,000 after purchasing an additional 536,251 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Capital Group Growth ETF by 27.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,077,593 shares of the company’s stock worth $167,002,000 after purchasing an additional 1,099,783 shares in the last quarter. Finally, Raymond James & Associates boosted its position in shares of Capital Group Growth ETF by 42.2% during the 2nd quarter. Raymond James & Associates now owns 3,377,950 shares of the company’s stock worth $111,101,000 after purchasing an additional 1,002,988 shares in the last quarter.

Capital Group Growth ETF Stock Down 0.2 %

NYSEARCA:CGGR opened at $34.68 on Friday. The company has a market capitalization of $5.90 billion, a PE ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 52-week low of $23.34 and a 52-week high of $35.04. The stock has a fifty day simple moving average of $33.01 and a 200-day simple moving average of $32.38.

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.