Cerity Partners LLC Raises Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Cerity Partners LLC increased its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 42.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 24,070 shares of the company’s stock after purchasing an additional 7,170 shares during the period. Cerity Partners LLC’s holdings in Capital Group Growth ETF were worth $837,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in CGGR. LPL Financial LLC boosted its stake in shares of Capital Group Growth ETF by 24.6% during the third quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock worth $432,724,000 after buying an additional 2,456,913 shares during the period. Commonwealth Equity Services LLC lifted its position in Capital Group Growth ETF by 4.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 9,323,101 shares of the company’s stock worth $324,351,000 after acquiring an additional 359,838 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Capital Group Growth ETF by 3.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,771,174 shares of the company’s stock valued at $189,814,000 after purchasing an additional 194,550 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Capital Group Growth ETF by 27.6% in the second quarter. Envestnet Asset Management Inc. now owns 5,077,593 shares of the company’s stock valued at $167,002,000 after purchasing an additional 1,099,783 shares during the period. Finally, Raymond James & Associates increased its holdings in shares of Capital Group Growth ETF by 15.3% in the third quarter. Raymond James & Associates now owns 3,895,362 shares of the company’s stock valued at $135,520,000 after purchasing an additional 517,412 shares during the period.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA CGGR opened at $38.36 on Friday. The stock has a fifty day moving average price of $36.08 and a 200 day moving average price of $33.97. Capital Group Growth ETF has a 1-year low of $26.42 and a 1-year high of $38.64. The company has a market cap of $6.53 billion, a PE ratio of 28.99 and a beta of 1.22.

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.