Fairscale Capital LLC Purchases Shares of 1,134 Capital Group Growth ETF (NYSEARCA:CGGR)

Fairscale Capital LLC acquired a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,134 shares of the company’s stock, valued at approximately $39,000.

Several other institutional investors have also recently modified their holdings of CGGR. Cetera Investment Advisers boosted its stake in shares of Capital Group Growth ETF by 424.0% during the 1st quarter. Cetera Investment Advisers now owns 2,561,854 shares of the company’s stock worth $81,954,000 after purchasing an additional 2,072,971 shares during the last quarter. Capital Group Private Client Services Inc. lifted its stake in shares of Capital Group Growth ETF by 14.5% during 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. Envestnet Asset Management Inc. boosted its position 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 acquiring an additional 1,099,783 shares during the last quarter. LPL Financial LLC grew its stake in Capital Group Growth ETF by 11.3% in the 2nd quarter. LPL Financial LLC now owns 9,981,257 shares of the company’s stock worth $328,284,000 after acquiring an additional 1,016,246 shares during the period. Finally, Raymond James & Associates raised its holdings in Capital Group Growth ETF by 42.2% in the 2nd quarter. Raymond James & Associates now owns 3,377,950 shares of the company’s stock valued at $111,101,000 after acquiring an additional 1,002,988 shares during the last quarter.

Capital Group Growth ETF Stock Down 0.1 %

Shares of Capital Group Growth ETF stock opened at $34.40 on Monday. The firm has a market cap of $5.85 billion, a PE ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a fifty-two week low of $23.34 and a fifty-two week high of $34.57. The business’s fifty day moving average is $32.88 and its two-hundred day moving average is $32.28.

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.