Creative Planning Buys 4,435 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Creative Planning grew its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 25.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,858 shares of the company’s stock after buying an additional 4,435 shares during the period. Creative Planning’s holdings in Capital Group Growth ETF were worth $719,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Capital Group Private Client Services Inc. increased its stake in shares of Capital Group Growth ETF by 14.5% in the first quarter. Capital Group Private Client Services Inc. now owns 15,759,357 shares of the company’s stock valued at $504,142,000 after buying an additional 1,990,616 shares during the period. LPL Financial LLC grew its stake in Capital Group Growth ETF by 11.3% during the second 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 during the period. Commonwealth Equity Services LLC grew its stake in Capital Group Growth ETF by 6.4% during the second 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 during the period. Envestnet Asset Management Inc. grew its stake in Capital Group Growth ETF by 27.6% during the second 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 during the period. Finally, Raymond James & Associates grew its stake in Capital Group Growth ETF by 42.2% during the second 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 during the period.

Capital Group Growth ETF Price Performance

NYSEARCA CGGR opened at $35.44 on Friday. The business has a 50 day simple moving average of $33.50 and a 200 day simple moving average of $32.60. The stock has a market capitalization of $6.03 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a one year low of $23.34 and a one year high of $35.47.

Capital Group Growth ETF 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.