AdvisorNet Financial Inc Acquires 54,734 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

AdvisorNet Financial Inc boosted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 26.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 265,134 shares of the company’s stock after buying an additional 54,734 shares during the quarter. Capital Group Growth ETF makes up approximately 0.8% of AdvisorNet Financial Inc’s portfolio, making the stock its 26th largest holding. AdvisorNet Financial Inc’s holdings in Capital Group Growth ETF were worth $9,855,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Cornerstone Wealth Management LLC boosted its stake in Capital Group Growth ETF by 0.9% in the third quarter. Cornerstone Wealth Management LLC now owns 32,782 shares of the company’s stock valued at $1,140,000 after acquiring an additional 301 shares during the last quarter. Signet Financial Management LLC raised its holdings in shares of Capital Group Growth ETF by 0.3% in the 4th quarter. Signet Financial Management LLC now owns 117,769 shares of the company’s stock worth $4,377,000 after purchasing an additional 382 shares during the period. CreativeOne Wealth LLC lifted its stake in Capital Group Growth ETF by 7.1% in the third quarter. CreativeOne Wealth LLC now owns 6,889 shares of the company’s stock valued at $240,000 after purchasing an additional 458 shares during the last quarter. Bill Few Associates Inc. grew its holdings in Capital Group Growth ETF by 2.6% during the third quarter. Bill Few Associates Inc. now owns 18,365 shares of the company’s stock valued at $639,000 after purchasing an additional 470 shares during the period. Finally, Summit Global Investments increased its position in Capital Group Growth ETF by 3.3% in the third quarter. Summit Global Investments now owns 14,743 shares of the company’s stock worth $513,000 after buying an additional 470 shares during the last quarter.

Capital Group Growth ETF Price Performance

Shares of CGGR opened at $37.32 on Tuesday. Capital Group Growth ETF has a 1 year low of $27.77 and a 1 year high of $39.36. The stock’s fifty day moving average price is $37.72 and its two-hundred day moving average price is $35.12. The firm has a market cap of $6.35 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.