MML Investors Services LLC Buys 305,755 Shares of Capital Group Growth ETF $CGGR

MML Investors Services LLC grew its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 9.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,643,866 shares of the company’s stock after buying an additional 305,755 shares during the period. MML Investors Services LLC owned approximately 0.82% of Capital Group Growth ETF worth $162,043,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Gemmer Asset Management LLC boosted its holdings in Capital Group Growth ETF by 0.5% during the fourth quarter. Gemmer Asset Management LLC now owns 49,552 shares of the company’s stock worth $2,204,000 after buying an additional 248 shares during the last quarter. Keystone Financial Services LLC boosted its holdings in Capital Group Growth ETF by 2.1% during the fourth quarter. Keystone Financial Services LLC now owns 16,572 shares of the company’s stock worth $737,000 after buying an additional 336 shares during the last quarter. Cvfg LLC boosted its holdings in Capital Group Growth ETF by 4.4% during the third quarter. Cvfg LLC now owns 8,064 shares of the company’s stock worth $354,000 after buying an additional 339 shares during the last quarter. First Trust Advisors LP boosted its holdings in Capital Group Growth ETF by 6.7% during the third quarter. First Trust Advisors LP now owns 5,527 shares of the company’s stock worth $243,000 after buying an additional 349 shares during the last quarter. Finally, Silverlake Wealth Management LLC boosted its holdings in Capital Group Growth ETF by 1.4% during the fourth quarter. Silverlake Wealth Management LLC now owns 26,124 shares of the company’s stock worth $1,162,000 after buying an additional 356 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Shares of CGGR opened at $45.82 on Monday. Capital Group Growth ETF has a 1 year low of $38.49 and a 1 year high of $48.02. The stock has a market cap of $22.78 billion, a P/E ratio of 30.88 and a beta of 1.17. The stock’s 50-day moving average price is $44.97 and its two-hundred day moving average price is $44.04.

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.