Eclectic Associates Inc. ADV boosted its position in Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 4.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 801,949 shares of the company’s stock after buying an additional 37,649 shares during the period. Capital Group Growth ETF accounts for about 4.3% of Eclectic Associates Inc. ADV’s holdings, making the stock its 8th largest holding. Eclectic Associates Inc. ADV’s holdings in Capital Group Growth ETF were worth $37,851,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of CGGR. LPL Financial LLC grew its holdings in Capital Group Growth ETF by 17.7% in 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. Morgan Stanley raised its stake 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 worth $1,195,293,000 after buying an additional 13,065,920 shares during the last quarter. Capital Group Private Client Services Inc. raised its stake in shares of Capital Group Growth ETF by 2.5% during the 4th quarter. Capital Group Private Client Services Inc. now owns 24,026,194 shares of the company’s stock worth $1,068,445,000 after buying an additional 585,780 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Capital Group Growth ETF by 10.3% during the 1st quarter. Bank of America Corp DE now owns 14,193,836 shares of the company’s stock worth $570,450,000 after buying an additional 1,320,686 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in shares of Capital Group Growth ETF by 3.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 13,193,475 shares of the company’s stock worth $586,714,000 after buying an additional 485,654 shares in the last quarter.
Capital Group Growth ETF Trading Down 0.4%
Shares of NYSEARCA CGGR opened at $46.56 on Friday. The stock has a market cap of $25.05 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a 52 week low of $38.55 and a 52 week high of $48.02. The company’s 50-day moving average price is $46.14 and its 200 day moving average price is $44.44.
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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Want to see what other hedge funds are holding CGGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Growth ETF (NYSEARCA:CGGR – Free Report).
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