M Holdings Securities Inc. Buys New Position in Capital Group Growth ETF $CGGR

M Holdings Securities Inc. purchased a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 17,513 shares of the company’s stock, valued at approximately $709,000.

Several other institutional investors also recently added to or reduced their stakes in CGGR. XTX Topco Ltd purchased a new position in shares of Capital Group Growth ETF during the first quarter worth approximately $333,000. Natixis Advisors LLC raised its position in Capital Group Growth ETF by 30.4% in the 1st quarter. Natixis Advisors LLC now owns 80,105 shares of the company’s stock valued at $2,744,000 after purchasing an additional 18,688 shares during the last quarter. AlphaCore Capital LLC acquired a new stake in Capital Group Growth ETF during the 1st quarter worth $1,838,000. Zions Bancorporation National Association UT purchased a new position in Capital Group Growth ETF during the 1st quarter worth $171,000. Finally, Townsquare Capital LLC increased its stake in Capital Group Growth ETF by 4.7% in the first quarter. Townsquare Capital LLC now owns 24,625 shares of the company’s stock valued at $843,000 after purchasing an additional 1,114 shares during the period.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA:CGGR opened at $44.46 on Friday. Capital Group Growth ETF has a one year low of $29.23 and a one year high of $45.83. The stock has a market capitalization of $17.81 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The company has a 50-day simple moving average of $44.00 and a 200-day simple moving average of $42.06.

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.