Capital Group Growth ETF $CGGR Shares Purchased by &PARTNERS

&PARTNERS raised its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 36.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,071,713 shares of the company’s stock after acquiring an additional 549,490 shares during the period. &PARTNERS’s holdings in Capital Group Growth ETF were worth $92,348,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of CGGR. Morgan Stanley increased its holdings in shares of Capital Group Growth ETF by 94.6% in 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 period. LPL Financial LLC lifted its holdings in shares of Capital Group Growth ETF by 17.7% during the fourth quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock worth $2,019,429,000 after purchasing an additional 6,814,693 shares during the period. Raymond James Financial Inc. grew its position in Capital Group Growth ETF by 31.7% in the 3rd quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock valued at $489,487,000 after buying an additional 2,680,056 shares during the last quarter. Wells Fargo & Company MN grew its position in Capital Group Growth ETF by 26.2% in the 4th quarter. Wells Fargo & Company MN now owns 12,423,660 shares of the company’s stock valued at $552,480,000 after buying an additional 2,580,345 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in Capital Group Growth ETF by 11.5% in the 3rd quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock valued at $562,219,000 after buying an additional 1,322,744 shares during the period.

Capital Group Growth ETF Stock Performance

Shares of Capital Group Growth ETF stock opened at $46.66 on Wednesday. Capital Group Growth ETF has a one year low of $38.49 and a one year high of $48.02. The company has a market cap of $23.19 billion, a P/E ratio of 30.88 and a beta of 1.17. The firm has a fifty day moving average of $45.23 and a two-hundred day moving average of $44.09.

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.