Oppenheimer & Co. Inc. boosted its stake in Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 9.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 399,790 shares of the company’s stock after purchasing an additional 35,738 shares during the quarter. Oppenheimer & Co. Inc. owned about 0.07% of Capital Group Growth ETF worth $18,962,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Canandaigua National Trust Co of Florida bought a new stake in Capital Group Growth ETF in the 3rd quarter valued at about $1,470,000. Private Client Services LLC bought a new position in Capital Group Growth ETF in the second quarter worth approximately $1,297,000. Stonebridge Financial Group LLC boosted its holdings in Capital Group Growth ETF by 5.9% in the third quarter. Stonebridge Financial Group LLC now owns 469,504 shares of the company’s stock worth $22,269,000 after acquiring an additional 26,343 shares in the last quarter. Stephens Inc. AR grew its stake in Capital Group Growth ETF by 44.3% in the first quarter. Stephens Inc. AR now owns 441,078 shares of the company’s stock valued at $17,727,000 after acquiring an additional 135,341 shares during the period. Finally, DAVENPORT & Co LLC grew its stake in Capital Group Growth ETF by 18.8% in the second quarter. DAVENPORT & Co LLC now owns 600,338 shares of the company’s stock valued at $28,336,000 after acquiring an additional 94,900 shares during the period.
Capital Group Growth ETF Stock Up 0.5%
NYSEARCA CGGR opened at $46.15 on Tuesday. Capital Group Growth ETF has a 52 week low of $38.55 and a 52 week high of $48.69. The business has a 50 day moving average price of $47.19 and a 200-day moving average price of $45.23. The company has a market cap of $25.57 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18.
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.
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