Capital Group Growth ETF (NYSEARCA:CGGR) is Armor Investment Advisors LLC’s 7th Largest Position

Armor Investment Advisors LLC lifted its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 2.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 258,696 shares of the company’s stock after purchasing an additional 7,302 shares during the period. Capital Group Growth ETF comprises about 4.0% of Armor Investment Advisors LLC’s portfolio, making the stock its 7th biggest holding. Armor Investment Advisors LLC’s holdings in Capital Group Growth ETF were worth $9,616,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. LPL Financial LLC increased its holdings in Capital Group Growth ETF by 24.6% in the 3rd 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 in the last quarter. Summit Investment Advisory Services LLC purchased a new position in Capital Group Growth ETF in the 3rd quarter valued at about $27,099,000. Signature Estate & Investment Advisors LLC lifted its stake in Capital Group Growth ETF by 24.7% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 2,957,191 shares of the company’s stock valued at $102,881,000 after buying an additional 586,545 shares in the last quarter. Alpha Financial Advisors LLC acquired a new position in shares of Capital Group Growth ETF during the fourth quarter valued at approximately $20,431,000. Finally, Raymond James & Associates raised its holdings in shares of Capital Group Growth ETF by 15.3% during the third quarter. Raymond James & Associates now owns 3,895,362 shares of the company’s stock valued at $135,520,000 after acquiring an additional 517,412 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Shares of CGGR opened at $39.59 on Tuesday. Capital Group Growth ETF has a one year low of $29.51 and a one year high of $39.95. The stock has a 50 day moving average price of $38.45 and a 200 day moving average price of $35.91. The stock has a market capitalization of $6.74 billion, a price-to-earnings 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.