KPP Advisory Services LLC Has $10.66 Million Stake in Capital Group Growth ETF $CGGR

KPP Advisory Services LLC grew its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 53.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 265,207 shares of the company’s stock after buying an additional 92,513 shares during the quarter. Capital Group Growth ETF accounts for about 1.5% of KPP Advisory Services LLC’s portfolio, making the stock its 17th largest holding. KPP Advisory Services LLC owned about 0.05% of Capital Group Growth ETF worth $10,659,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in CGGR. Gemmer Asset Management LLC lifted its position in shares of Capital Group Growth ETF by 0.5% during the 4th 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. Vermillion & White Wealth Management Group LLC lifted its holdings in shares of Capital Group Growth ETF by 7.8% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 4,417 shares of the company’s stock worth $196,000 after acquiring an additional 321 shares during the last quarter. Keystone Financial Services LLC boosted its stake in shares of Capital Group Growth ETF by 2.1% in the 4th quarter. Keystone Financial Services LLC now owns 16,572 shares of the company’s stock valued at $737,000 after purchasing an additional 336 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of Capital Group Growth ETF by 6.7% during the 3rd quarter. First Trust Advisors LP now owns 5,527 shares of the company’s stock valued at $243,000 after purchasing an additional 349 shares during the last quarter. Finally, Hilltop Holdings Inc. grew its holdings in shares of Capital Group Growth ETF by 6.2% during the 4th quarter. Hilltop Holdings Inc. now owns 5,956 shares of the company’s stock valued at $265,000 after purchasing an additional 350 shares during the last quarter.

Capital Group Growth ETF Stock Performance

NYSEARCA CGGR opened at $47.07 on Thursday. The firm’s fifty day moving average price is $46.02 and its two-hundred day moving average price is $44.24. The stock has a market cap of $24.72 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a fifty-two week low of $38.55 and a fifty-two week high of $48.02.

About Capital Group Growth ETF

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.