Capital Group Growth ETF $CGGR Shares Purchased by DAVENPORT & Co LLC

DAVENPORT & Co LLC raised its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 4.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 464,503 shares of the company’s stock after purchasing an additional 20,806 shares during the period. DAVENPORT & Co LLC’s holdings in Capital Group Growth ETF were worth $20,656,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Hazlett Burt & Watson Inc. increased its position in shares of Capital Group Growth ETF by 806.5% during the third quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock worth $25,000 after acquiring an additional 500 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new stake in Capital Group Growth ETF during the 3rd quarter valued at approximately $25,000. New Millennium Group LLC acquired a new stake in Capital Group Growth ETF during the 3rd quarter valued at approximately $25,000. Triumph Capital Management purchased a new stake in Capital Group Growth ETF during the 3rd quarter worth approximately $29,000. Finally, Fifth Third Bancorp increased its holdings in Capital Group Growth ETF by 285.9% during the 3rd quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock worth $30,000 after purchasing an additional 506 shares during the last quarter.

Capital Group Growth ETF Stock Up 0.6%

Shares of CGGR opened at $40.93 on Thursday. The firm has a market cap of $18.13 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The business’s 50 day moving average is $43.13 and its two-hundred day moving average is $43.84. Capital Group Growth ETF has a 52-week low of $29.23 and a 52-week high of $45.83.

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.