Investments & Financial Planning LLC lowered its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 5.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 250,356 shares of the company’s stock after selling 15,154 shares during the quarter. Capital Group Growth ETF makes up approximately 6.0% of Investments & Financial Planning LLC’s holdings, making the stock its 5th biggest holding. Investments & Financial Planning LLC owned about 0.06% of Capital Group Growth ETF worth $11,133,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CGGR. LPL Financial LLC raised its stake in shares of 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 worth $2,019,429,000 after acquiring an additional 6,814,693 shares during the last quarter. Morgan Stanley grew its stake in shares of Capital Group Growth ETF by 94.6% during the fourth quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock valued at $1,195,293,000 after purchasing an additional 13,065,920 shares during the last quarter. Capital Group Private Client Services Inc. grew its stake in shares of Capital Group Growth ETF by 2.5% during the fourth quarter. Capital Group Private Client Services Inc. now owns 24,026,194 shares of the company’s stock valued at $1,068,445,000 after purchasing an additional 585,780 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Capital Group Growth ETF by 3.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 13,193,475 shares of the company’s stock valued at $586,714,000 after purchasing an additional 485,654 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of Capital Group Growth ETF by 11.5% in 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 in the last quarter.
Capital Group Growth ETF Price Performance
CGGR stock opened at $46.96 on Friday. The company has a 50 day moving average price of $45.46 and a 200 day moving average price of $44.12. Capital Group Growth ETF has a fifty-two week low of $38.49 and a fifty-two week high of $48.02. The stock has a market capitalization of $23.34 billion, a PE ratio of 30.88 and a beta of 1.17.
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.
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