KWB Wealth raised its stake in Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 37.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 243,471 shares of the company’s stock after buying an additional 65,889 shares during the period. KWB Wealth’s holdings in Capital Group Growth ETF were worth $11,548,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in 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 acquiring an additional 1,320,686 shares during the last quarter. Cetera Investment Advisers increased its stake in Capital Group Growth ETF by 19.4% in the first quarter. Cetera Investment Advisers now owns 9,800,927 shares of the company’s stock valued at $393,899,000 after purchasing an additional 1,593,112 shares in the last quarter. Royal Bank of Canada increased its stake in Capital Group Growth ETF by 30.1% in the first quarter. Royal Bank of Canada now owns 8,428,060 shares of the company’s stock valued at $338,724,000 after purchasing an additional 1,952,001 shares in the last quarter. Kestra Advisory Services LLC raised its holdings in Capital Group Growth ETF by 17.3% in the first quarter. Kestra Advisory Services LLC now owns 3,021,423 shares of the company’s stock worth $121,431,000 after purchasing an additional 445,273 shares during the period. Finally, Advance Capital Management Inc. raised its holdings in Capital Group Growth ETF by 239.5% in the first quarter. Advance Capital Management Inc. now owns 2,860,148 shares of the company’s stock worth $114,949,000 after purchasing an additional 2,017,650 shares during the period.
Capital Group Growth ETF Price Performance
Shares of NYSEARCA CGGR traded down $1.03 during midday trading on Friday, reaching $46.65. 3,794,967 shares of the stock were exchanged, compared to its average volume of 3,066,973. The business has a 50-day simple moving average of $47.26 and a two-hundred day simple moving average of $45.98. The company has a market capitalization of $25.82 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a 12 month low of $38.55 and a 12 month high of $48.69.
Capital Group Growth ETF Company 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.
Further Reading
- Five stocks we like better than Capital Group Growth ETF
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
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).
Receive News & Ratings for Capital Group Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
