Sei Investments Co. Acquires 243,416 Shares of Capital Group Growth ETF $CGGR

Sei Investments Co. boosted its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 15.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,836,814 shares of the company’s stock after purchasing an additional 243,416 shares during the period. Sei Investments Co. owned about 0.37% of Capital Group Growth ETF worth $73,822,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of CGGR. LPL Financial LLC grew its position in shares of Capital Group Growth ETF by 17.7% in the 4th quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock valued at $2,019,429,000 after buying an additional 6,814,693 shares during the last quarter. Morgan Stanley raised its position in shares of Capital Group Growth ETF by 94.6% during the fourth quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock worth $1,195,293,000 after acquiring an additional 13,065,920 shares during the last quarter. Capital Group Private Client Services Inc. raised its position 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 acquiring an additional 585,780 shares during the last quarter. Commonwealth Equity Services LLC raised its position 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 acquiring an additional 485,654 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of 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 worth $562,219,000 after acquiring an additional 1,322,744 shares during the period.

Capital Group Growth ETF Stock Performance

NYSEARCA:CGGR opened at $44.36 on Friday. The firm’s fifty day moving average is $46.31 and its 200-day moving average is $44.44. Capital Group Growth ETF has a 52 week low of $38.55 and a 52 week high of $48.02. The firm has a market cap of $23.49 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.