Wintrust Investments LLC Raises Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Wintrust Investments LLC raised its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 57.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 28,648 shares of the company’s stock after acquiring an additional 10,462 shares during the period. Capital Group Growth ETF makes up approximately 0.9% of Wintrust Investments LLC’s investment portfolio, making the stock its 23rd largest position. Wintrust Investments LLC’s holdings in Capital Group Growth ETF were worth $1,064,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in CGGR. Park Avenue Securities LLC boosted its position in Capital Group Growth ETF by 15.1% in the 4th quarter. Park Avenue Securities LLC now owns 19,905 shares of the company’s stock valued at $740,000 after buying an additional 2,610 shares during the period. JPMorgan Chase & Co. raised its stake in Capital Group Growth ETF by 17.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 484,569 shares of the company’s stock worth $16,858,000 after acquiring an additional 73,399 shares in the last quarter. Merit Financial Group LLC raised its stake in Capital Group Growth ETF by 11.2% during the 4th quarter. Merit Financial Group LLC now owns 118,717 shares of the company’s stock worth $4,413,000 after acquiring an additional 11,920 shares in the last quarter. 5T Wealth LLC acquired a new stake in Capital Group Growth ETF during the 4th quarter worth $5,472,000. Finally, Natixis Advisors LLC raised its stake in Capital Group Growth ETF by 33.8% during the 3rd quarter. Natixis Advisors LLC now owns 51,900 shares of the company’s stock worth $1,806,000 after acquiring an additional 13,112 shares in the last quarter.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA:CGGR opened at $34.75 on Thursday. The company’s fifty day moving average price is $38.11 and its 200 day moving average price is $36.66. Capital Group Growth ETF has a 12 month low of $29.70 and a 12 month high of $39.96. The firm has a market capitalization of $9.81 billion, a P/E ratio of 29.74 and a beta of 1.16.

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.