Orion Portfolio Solutions LLC Purchases 31,105 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Orion Portfolio Solutions LLC increased its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 55.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 87,111 shares of the company’s stock after buying an additional 31,105 shares during the quarter. Orion Portfolio Solutions LLC owned 0.05% of Capital Group Growth ETF worth $3,238,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new stake in shares of Capital Group Growth ETF during the fourth quarter worth about $257,888,000. LPL Financial LLC lifted its stake in Capital Group Growth ETF by 34.9% in the fourth quarter. LPL Financial LLC now owns 16,775,326 shares of the company’s stock valued at $623,539,000 after buying an additional 4,337,156 shares in the last quarter. Independent Advisor Alliance bought a new position in Capital Group Growth ETF in the fourth quarter valued at approximately $45,801,000. Commonwealth Equity Services LLC boosted its holdings in shares of Capital Group Growth ETF by 10.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 10,261,756 shares of the company’s stock valued at $381,429,000 after buying an additional 938,655 shares during the period. Finally, Jones Financial Companies Lllp raised its holdings in shares of Capital Group Growth ETF by 49.7% during the fourth quarter. Jones Financial Companies Lllp now owns 2,225,640 shares of the company’s stock worth $82,727,000 after acquiring an additional 739,257 shares during the period.

Capital Group Growth ETF Trading Down 0.1 %

CGGR opened at $34.25 on Tuesday. The firm’s fifty day simple moving average is $37.39 and its 200 day simple moving average is $36.88. The stock has a market capitalization of $9.81 billion, a P/E ratio of 28.51 and a beta of 1.16. Capital Group Growth ETF has a 12 month low of $29.70 and a 12 month high of $39.96.

Capital Group Growth ETF Company 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.