Sun Sep 15 15:36:57 UTC 2024: ## Zions Bancorporation Invests in Capital Group Growth ETF

**Salt Lake City, UT – September 15th, 2024** – Zions Bancorporation N.A., a prominent financial institution, has acquired a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR), according to its recent filing with the Securities and Exchange Commission (SEC). The investment, valued at approximately $164,000, consists of 5,000 shares of the exchange-traded fund.

Zions Bancorporation joins a number of other institutional investors and hedge funds who have recently made adjustments to their holdings in CGGR. Notably, Trueblood Wealth Management LLC significantly increased its stake by 64.1% in the second quarter, while Wealthgarden F.S. LLC acquired a new position worth $538,000.

LPL Financial LLC also expanded its ownership in the ETF, increasing its stake by 11.3% during the same period. Meanwhile, both MGO One Seven LLC and Choreo LLC entered new positions in CGGR, investing $5,435,000 and $302,000 respectively.

Capital Group Growth ETF (CGGR) is an actively managed fund that primarily invests in US companies across all market capitalizations, seeking to provide capital growth. Launched on February 22, 2022, the ETF is managed by Capital Group.

CGGR shares opened at $33.55 on Friday, with a 52-week low of $23.34 and a high of $34.10. The ETF currently boasts a market capitalization of $5.71 billion.

This recent investment by Zions Bancorporation highlights the growing interest in actively managed ETFs focused on US equity markets. The ETF’s performance and future growth potential appear to be attracting attention from a range of financial institutions.

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