Rockefeller Capital Management L.P. lifted its holdings in Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 593.2% in the 4th quarter, Holdings Channel reports. The firm owned 1,289,258 shares of the company’s stock after acquiring an additional 1,103,280 shares during the period. Rockefeller Capital Management L.P.’s holdings in Capital Group Growth ETF were worth $57,333,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Morgan Stanley boosted its holdings in shares of Capital Group Growth ETF by 94.6% during the 4th quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock valued at $1,195,293,000 after acquiring an additional 13,065,920 shares during the last quarter. LPL Financial LLC raised its holdings in shares of Capital Group Growth ETF by 17.7% during the fourth quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock valued at $2,019,429,000 after purchasing an additional 6,814,693 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of Capital Group Growth ETF by 31.7% during the third quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock valued at $489,487,000 after purchasing an additional 2,680,056 shares during the last quarter. Wells Fargo & Company MN lifted its position in Capital Group Growth ETF by 26.2% during the fourth quarter. Wells Fargo & Company MN now owns 12,423,660 shares of the company’s stock valued at $552,480,000 after purchasing an additional 2,580,345 shares during the period. Finally, Bank of America Corp DE lifted its position in Capital Group Growth ETF by 11.5% during the third quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock valued at $562,219,000 after purchasing an additional 1,322,744 shares during the period.
Capital Group Growth ETF Stock Performance
Shares of CGGR stock opened at $46.96 on Friday. Capital Group Growth ETF has a 12-month low of $38.49 and a 12-month high of $48.02. The stock has a market capitalization of $23.34 billion, a P/E ratio of 30.88 and a beta of 1.17. The firm’s 50 day moving average is $45.57 and its 200 day moving average is $44.14.
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.
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