Cozad Asset Management Inc. Buys 19,300 Shares of Capital Group Growth ETF $CGGR

Cozad Asset Management Inc. grew its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 10.9% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 196,567 shares of the company’s stock after buying an additional 19,300 shares during the period. Cozad Asset Management Inc.’s holdings in Capital Group Growth ETF were worth $7,900,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. 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 buying an additional 13,065,920 shares during the period. LPL Financial LLC grew its stake in shares of Capital Group Growth ETF by 17.7% during the 4th quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock valued at $2,019,429,000 after acquiring an additional 6,814,693 shares during the period. Raymond James Financial Inc. grew its stake in shares of Capital Group Growth ETF by 31.7% during the 3rd quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock valued at $489,487,000 after acquiring an additional 2,680,056 shares during the period. Wells Fargo & Company MN increased its holdings in Capital Group Growth ETF by 26.2% in the 4th quarter. Wells Fargo & Company MN now owns 12,423,660 shares of the company’s stock worth $552,480,000 after acquiring an additional 2,580,345 shares in the last quarter. Finally, Advance Capital Management Inc. increased its holdings in Capital Group Growth ETF by 239.5% in the 1st quarter. Advance Capital Management Inc. now owns 2,860,148 shares of the company’s stock worth $114,949,000 after acquiring an additional 2,017,650 shares in the last quarter.

Capital Group Growth ETF Trading Up 0.7%

NYSEARCA CGGR opened at $44.85 on Friday. Capital Group Growth ETF has a 12 month low of $38.55 and a 12 month high of $48.02. The stock has a market cap of $24.13 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The company’s 50 day moving average is $46.18 and its two-hundred day moving average is $44.41.

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.