Capital Group Growth ETF (NYSEARCA:CGGR) Shares Bought by Raymond James & Associates

Raymond James & Associates raised its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 13.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,010,754 shares of the company’s stock after purchasing an additional 230,570 shares during the quarter. Raymond James & Associates owned 2.06% of Capital Group Growth ETF worth $56,764,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Morgan Stanley purchased a new stake in Capital Group Growth ETF in the fourth quarter valued at $32,000. Money Concepts Capital Corp purchased a new stake in shares of Capital Group Growth ETF in the 4th quarter valued at $34,000. First Horizon Advisors Inc. purchased a new stake in shares of Capital Group Growth ETF in the 3rd quarter valued at $46,000. GPS Wealth Strategies Group LLC raised its holdings in shares of Capital Group Growth ETF by 79.3% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 4,259 shares of the company’s stock valued at $104,000 after buying an additional 1,884 shares during the period. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Capital Group Growth ETF by 125.8% in the 3rd quarter. Geneos Wealth Management Inc. now owns 4,306 shares of the company’s stock valued at $105,000 after buying an additional 2,399 shares during the period.

Capital Group Growth ETF Trading Up 0.3 %

CGGR stock opened at $32.16 on Thursday. The company has a market capitalization of $3.15 billion, a PE ratio of 18.26 and a beta of 1.09. Capital Group Growth ETF has a 12-month low of $21.49 and a 12-month high of $32.34. The business’s fifty day moving average price is $30.49 and its 200 day moving average price is $27.60.

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.