Sunbelt Securities Inc. Increases Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Sunbelt Securities Inc. lifted its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 13.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 104,183 shares of the company’s stock after buying an additional 12,070 shares during the period. Sunbelt Securities Inc. owned about 0.06% of Capital Group Growth ETF worth $3,427,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. NewEdge Advisors LLC grew its position in Capital Group Growth ETF by 32.6% during the 2nd quarter. NewEdge Advisors LLC now owns 967,138 shares of the company’s stock worth $31,809,000 after acquiring an additional 237,601 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Capital Group Growth ETF by 3.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,771,174 shares of the company’s stock worth $189,814,000 after acquiring an additional 194,550 shares during the last quarter. Creative Planning grew its position in Capital Group Growth ETF by 25.5% during the 2nd quarter. Creative Planning now owns 21,858 shares of the company’s stock worth $719,000 after acquiring an additional 4,435 shares during the last quarter. Daymark Wealth Partners LLC grew its position in Capital Group Growth ETF by 3.4% during the 2nd quarter. Daymark Wealth Partners LLC now owns 208,535 shares of the company’s stock worth $6,859,000 after acquiring an additional 6,841 shares during the last quarter. Finally, Harmony Asset Management LLC grew its position in shares of Capital Group Growth ETF by 41.5% in the 2nd quarter. Harmony Asset Management LLC now owns 12,009 shares of the company’s stock worth $395,000 after buying an additional 3,525 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $34.68 on Monday. The firm has a market cap of $5.90 billion, a P/E 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 $35.04. The business’s 50 day moving average price is $33.01 and its 200-day moving average price is $32.39.

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.