Rockefeller Capital Management L.P. Increases Stock Position in Capital Group Growth ETF $CGGR

Rockefeller Capital Management L.P. increased its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 593.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,289,258 shares of the company’s stock after purchasing an additional 1,103,280 shares during the quarter. Rockefeller Capital Management L.P. owned approximately 0.29% of Capital Group Growth ETF worth $57,333,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the business. World Investment Advisors lifted its position in shares of Capital Group Growth ETF by 25.2% in the 4th quarter. World Investment Advisors now owns 162,438 shares of the company’s stock worth $7,224,000 after purchasing an additional 32,681 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in Capital Group Growth ETF in the fourth quarter worth $2,887,000. Storen Legacy Partners LLC purchased a new stake in shares of Capital Group Growth ETF in the 4th quarter worth about $13,564,000. Worthington Financial Partners LLC purchased a new position in Capital Group Growth ETF during the 4th quarter valued at about $3,419,000. Finally, Pure Financial Advisors LLC purchased a new stake in Capital Group Growth ETF in the fourth quarter worth about $203,000.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA:CGGR opened at $46.96 on Friday. The company has a market capitalization of $23.34 billion, a PE ratio of 30.88 and a beta of 1.17. The business has a fifty day moving average price of $45.57 and a 200-day moving average price of $44.14. Capital Group Growth ETF has a 1-year low of $38.49 and a 1-year high of $48.02.

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.