EverSource Wealth Advisors LLC Increases Stock Position in Capital Group Growth ETF $CGGR

EverSource Wealth Advisors LLC boosted its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 7.2% in the first quarter, Holdings Channel.com reports. The firm owned 321,269 shares of the company’s stock after acquiring an additional 21,492 shares during the period. EverSource Wealth Advisors LLC’s holdings in Capital Group Growth ETF were worth $12,912,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Trademark Financial Management LLC lifted its holdings in Capital Group Growth ETF by 2.7% in the 1st quarter. Trademark Financial Management LLC now owns 9,178 shares of the company’s stock worth $369,000 after buying an additional 242 shares in the last quarter. Gemmer Asset Management LLC grew its stake in shares of Capital Group Growth ETF by 0.5% during the fourth quarter. Gemmer Asset Management LLC now owns 49,552 shares of the company’s stock valued at $2,204,000 after acquiring an additional 248 shares in the last quarter. Vermillion & White Wealth Management Group LLC grew its stake in shares of Capital Group Growth ETF by 7.8% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 4,417 shares of the company’s stock valued at $196,000 after acquiring an additional 321 shares in the last quarter. Keystone Financial Services LLC increased its position in shares of Capital Group Growth ETF by 2.1% during the fourth quarter. Keystone Financial Services LLC now owns 16,572 shares of the company’s stock worth $737,000 after acquiring an additional 336 shares during the last quarter. Finally, First Trust Advisors LP increased its position in shares of Capital Group Growth ETF by 6.7% during the third quarter. First Trust Advisors LP now owns 5,527 shares of the company’s stock worth $243,000 after acquiring an additional 349 shares during the last quarter.

Capital Group Growth ETF Stock Performance

NYSEARCA:CGGR opened at $44.57 on Wednesday. The stock has a market cap of $23.66 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a one year low of $38.55 and a one year high of $48.02. The business’s 50-day simple moving average is $46.28 and its 200 day simple moving average is $44.42.

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.