D.A. Davidson & CO. Grows Stock Holdings in Capital Group Growth ETF $CGGR

D.A. Davidson & CO. raised its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 52.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 747,006 shares of the company’s stock after acquiring an additional 258,438 shares during the quarter. D.A. Davidson & CO.’s holdings in Capital Group Growth ETF were worth $30,366,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of CGGR. Cullen Frost Bankers Inc. boosted its stake in shares of Capital Group Growth ETF by 29.3% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 66,449 shares of the company’s stock valued at $2,701,000 after purchasing an additional 15,066 shares in the last quarter. Smith Thornton Advisors LLC boosted its stake in Capital Group Growth ETF by 5.8% during the second quarter. Smith Thornton Advisors LLC now owns 184,452 shares of the company’s stock worth $7,498,000 after acquiring an additional 10,192 shares in the last quarter. IMG Wealth Management Inc. boosted its stake in Capital Group Growth ETF by 9.8% during the second quarter. IMG Wealth Management Inc. now owns 112,047 shares of the company’s stock worth $4,555,000 after acquiring an additional 9,985 shares in the last quarter. Financial Perspectives Inc boosted its stake in Capital Group Growth ETF by 1.4% during the second quarter. Financial Perspectives Inc now owns 48,964 shares of the company’s stock worth $1,990,000 after acquiring an additional 656 shares in the last quarter. Finally, Stephens Inc. AR raised its holdings in Capital Group Growth ETF by 204.5% in the second quarter. Stephens Inc. AR now owns 252,436 shares of the company’s stock worth $10,262,000 after buying an additional 169,534 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Shares of Capital Group Growth ETF stock opened at $44.47 on Wednesday. The stock has a market capitalization of $17.04 billion, a PE ratio of 30.88 and a beta of 1.09. Capital Group Growth ETF has a 52-week low of $29.23 and a 52-week high of $44.71. The company has a 50-day simple moving average of $43.37 and a two-hundred day simple moving average of $39.93.

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.