10,870 Shares in Capital Group Growth ETF (NYSEARCA:CGGR) Bought by RiverFront Investment Group LLC

RiverFront Investment Group LLC bought a new position in Capital Group Growth ETF (NYSEARCA:CGGR) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 10,870 shares of the company’s stock, valued at approximately $404,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. LPL Financial LLC grew its holdings in Capital Group Growth ETF by 34.9% in the 4th quarter. LPL Financial LLC now owns 16,775,326 shares of the company’s stock worth $623,539,000 after buying an additional 4,337,156 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Capital Group Growth ETF by 10.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 10,261,756 shares of the company’s stock worth $381,429,000 after purchasing an additional 938,655 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Capital Group Growth ETF during the fourth quarter valued at $257,888,000. MML Investors Services LLC raised its stake in shares of Capital Group Growth ETF by 20.5% during the third quarter. MML Investors Services LLC now owns 2,688,825 shares of the company’s stock valued at $93,544,000 after purchasing an additional 456,991 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in Capital Group Growth ETF by 49.7% in the fourth quarter. Jones Financial Companies Lllp now owns 2,225,640 shares of the company’s stock worth $82,727,000 after purchasing an additional 739,257 shares during the period.

Capital Group Growth ETF Stock Down 2.8 %

Shares of CGGR opened at $34.30 on Friday. The firm has a market capitalization of $9.83 billion, a PE ratio of 28.51 and a beta of 1.16. The firm has a 50-day moving average price of $37.47 and a 200 day moving average price of $36.84. Capital Group Growth ETF has a 52-week low of $29.70 and a 52-week high of $39.96.

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.