346,473 Shares in Capital Group Growth ETF (NYSEARCA:CGGR) Bought by Gutierrez Wealth Advisory LLC

Gutierrez Wealth Advisory LLC bought a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 346,473 shares of the company’s stock, valued at approximately $12,878,000. Capital Group Growth ETF accounts for about 10.6% of Gutierrez Wealth Advisory LLC’s portfolio, making the stock its 2nd biggest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. LPL Financial LLC increased its position in 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 acquiring an additional 2,456,913 shares during the period. Commonwealth Equity Services LLC increased its position in Capital Group Growth ETF by 10.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 10,261,756 shares of the company’s stock worth $381,429,000 after acquiring an additional 938,655 shares during the period. Raymond James Financial Inc. bought a new position in Capital Group Growth ETF during the fourth quarter worth $257,888,000. MML Investors Services LLC increased its position in Capital Group Growth ETF by 20.5% during the third quarter. MML Investors Services LLC now owns 2,688,825 shares of the company’s stock worth $93,544,000 after acquiring an additional 456,991 shares during the period. Finally, Jones Financial Companies Lllp increased its position in Capital Group Growth ETF by 49.7% during the fourth quarter. Jones Financial Companies Lllp now owns 2,225,640 shares of the company’s stock worth $82,727,000 after acquiring an additional 739,257 shares during the period.

Capital Group Growth ETF Trading Down 0.1 %

Shares of CGGR stock opened at $35.01 on Friday. Capital Group Growth ETF has a 1 year low of $29.70 and a 1 year high of $39.96. The firm’s fifty day simple moving average is $37.75 and its 200 day simple moving average is $36.69. The firm has a market capitalization of $10.03 billion, a P/E ratio of 28.51 and a beta of 1.16.

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.