United Advisor Group LLC Takes $350,000 Position in Capital Group Growth ETF (NYSEARCA:CGGR)

United Advisor Group LLC purchased a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 10,055 shares of the company’s stock, valued at approximately $350,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Cornerstone Wealth Management LLC boosted its stake in shares of 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 worth $1,140,000 after acquiring an additional 301 shares during the last quarter. WealthCare Investment Partners LLC grew its position in shares of Capital Group Growth ETF by 1.2% in the second quarter. WealthCare Investment Partners LLC now owns 30,415 shares of the company’s stock valued at $1,000,000 after purchasing an additional 372 shares in the last quarter. Bill Few Associates Inc. boosted its position in shares of Capital Group Growth ETF by 2.6% during the 3rd quarter. Bill Few Associates Inc. now owns 18,365 shares of the company’s stock valued at $639,000 after acquiring an additional 470 shares during the last quarter. U.S. Capital Wealth Advisors LLC lifted its stake in shares of Capital Group Growth ETF by 4.5% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 11,731 shares of the company’s stock valued at $386,000 after purchasing an additional 500 shares during the last quarter. Finally, Spire Wealth Management raised its stake in shares of Capital Group Growth ETF by 1.4% in the 2nd quarter. Spire Wealth Management now owns 39,835 shares of the company’s stock valued at $1,310,000 after acquiring an additional 565 shares during the period.

Capital Group Growth ETF Stock Performance

NYSEARCA:CGGR opened at $36.45 on Thursday. Capital Group Growth ETF has a fifty-two week low of $24.92 and a fifty-two week high of $36.49. The company has a 50 day moving average price of $34.42 and a 200 day moving average price of $33.07. The stock has a market capitalization of $6.20 billion, a P/E 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.