Capital Group Growth ETF $CGGR Shares Purchased by NWF Advisory Services Inc.

NWF Advisory Services Inc. increased its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 27.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 111,712 shares of the company’s stock after acquiring an additional 24,051 shares during the period. NWF Advisory Services Inc.’s holdings in Capital Group Growth ETF were worth $4,968,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC increased its holdings in shares of Capital Group Growth ETF by 17.7% in the fourth quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock valued at $2,019,429,000 after purchasing an additional 6,814,693 shares during the period. Morgan Stanley raised its stake in shares of Capital Group Growth ETF by 94.6% in the fourth quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock worth $1,195,293,000 after purchasing an additional 13,065,920 shares during the last quarter. Capital Group Private Client Services Inc. lifted its holdings in shares of Capital Group Growth ETF by 2.5% during the fourth quarter. Capital Group Private Client Services Inc. now owns 24,026,194 shares of the company’s stock worth $1,068,445,000 after purchasing an additional 585,780 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of Capital Group Growth ETF by 3.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 13,193,475 shares of the company’s stock worth $586,714,000 after purchasing an additional 485,654 shares during the period. Finally, Bank of America Corp DE boosted its position in Capital Group Growth ETF by 11.5% in the third quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock valued at $562,219,000 after buying an additional 1,322,744 shares during the last quarter.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA CGGR opened at $46.96 on Friday. Capital Group Growth ETF has a 52 week low of $38.49 and a 52 week high of $48.02. The business’s 50 day moving average price is $45.57 and its 200 day moving average price is $44.14. The firm has a market cap of $23.34 billion, a P/E ratio of 30.88 and a beta of 1.17.

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.