DAVENPORT & Co LLC boosted its stake in Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 9.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 307,568 shares of the company’s stock after acquiring an additional 25,447 shares during the quarter. DAVENPORT & Co LLC’s holdings in Capital Group Growth ETF were worth $11,432,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Cassady Schiller Wealth Management LLC bought a new stake in shares of Capital Group Growth ETF in the third quarter valued at about $25,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in Capital Group Growth ETF in the 3rd quarter valued at approximately $35,000. WFA of San Diego LLC bought a new stake in Capital Group Growth ETF in the 3rd quarter valued at approximately $70,000. Harbor Investment Advisory LLC acquired a new position in Capital Group Growth ETF during the 4th quarter worth approximately $80,000. Finally, Ashton Thomas Securities LLC bought a new position in shares of Capital Group Growth ETF during the 3rd quarter worth approximately $95,000.
Capital Group Growth ETF Stock Down 0.2 %
Shares of CGGR stock opened at $39.31 on Monday. Capital Group Growth ETF has a 12 month low of $28.78 and a 12 month high of $39.95. The company’s fifty day simple moving average is $38.23 and its 200-day simple moving average is $35.63. The firm has a market cap of $6.69 billion, a PE ratio of 28.99 and a beta of 1.22.
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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