LPL Financial LLC Has $2.02 Billion Position in Capital Group Growth ETF $CGGR

LPL Financial LLC raised its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 17.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 45,411,053 shares of the company’s stock after buying an additional 6,814,693 shares during the quarter. LPL Financial LLC owned about 10.25% of Capital Group Growth ETF worth $2,019,429,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Founders Financial Alliance LLC lifted its holdings in shares of Capital Group Growth ETF by 1,656.5% during the 3rd quarter. Founders Financial Alliance LLC now owns 116,142 shares of the company’s stock valued at $5,101,000 after purchasing an additional 109,530 shares in the last quarter. Genesis Private Wealth LLC lifted its holdings in shares of Capital Group Growth ETF by 7.6% during the 4th quarter. Genesis Private Wealth LLC now owns 227,232 shares of the company’s stock valued at $10,105,000 after purchasing an additional 16,050 shares in the last quarter. Valmark Advisers Inc. lifted its holdings in shares of Capital Group Growth ETF by 51.2% during the 4th quarter. Valmark Advisers Inc. now owns 873,172 shares of the company’s stock valued at $38,830,000 after purchasing an additional 295,543 shares in the last quarter. Cozad Asset Management Inc. lifted its stake in Capital Group Growth ETF by 10.7% in the 3rd quarter. Cozad Asset Management Inc. now owns 169,183 shares of the company’s stock valued at $7,431,000 after acquiring an additional 16,315 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in Capital Group Growth ETF by 40.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,384,925 shares of the company’s stock worth $57,516,000 after acquiring an additional 400,108 shares during the last quarter.

Capital Group Growth ETF Price Performance

Shares of CGGR stock opened at $45.28 on Monday. The company’s fifty day simple moving average is $44.39 and its 200-day simple moving average is $43.93. The firm has a market cap of $22.51 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 12 month low of $38.49 and a 12 month high of $48.02.

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.