Royal Bank of Canada increased its stake in Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 30.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,428,060 shares of the company’s stock after purchasing an additional 1,952,001 shares during the period. Royal Bank of Canada owned 1.70% of Capital Group Growth ETF worth $338,724,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Triumph Capital Management acquired a new stake in shares of Capital Group Growth ETF in the 3rd quarter worth about $29,000. Mark Sheptoff Financial Planning LLC grew its holdings in Capital Group Growth ETF by 88.7% in the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock worth $47,000 after buying an additional 500 shares in the last quarter. Avion Wealth bought a new position in Capital Group Growth ETF in the 4th quarter worth approximately $68,000. Godfrey Financial Associates Inc. bought a new stake in Capital Group Growth ETF during the 4th quarter valued at $78,000. Finally, WFA of San Diego LLC acquired a new position in Capital Group Growth ETF during the 2nd quarter worth $81,000.
Capital Group Growth ETF Stock Performance
NYSEARCA:CGGR opened at $43.79 on Thursday. Capital Group Growth ETF has a 1 year low of $38.55 and a 1 year high of $48.02. The stock has a market cap of $23.26 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The business has a fifty day moving average of $46.23 and a 200-day moving average of $44.41.
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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