Capital Group Growth ETF $CGGR Shares Acquired by Founders Financial Securities LLC

Founders Financial Securities LLC grew its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 21.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 299,670 shares of the company’s stock after purchasing an additional 53,305 shares during the period. Capital Group Growth ETF makes up approximately 0.8% of Founders Financial Securities LLC’s holdings, making the stock its 27th largest holding. Founders Financial Securities LLC’s holdings in Capital Group Growth ETF were worth $13,326,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of CGGR. Raymond James Financial Inc. lifted its stake in shares of Capital Group Growth ETF by 31.7% in the 3rd quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock valued at $489,487,000 after purchasing an additional 2,680,056 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Capital Group Growth ETF by 15.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 12,051,258 shares of the company’s stock valued at $529,291,000 after purchasing an additional 1,605,246 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in shares of Capital Group Growth ETF by 30.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 5,999,008 shares of the company’s stock valued at $261,802,000 after purchasing an additional 1,407,884 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Capital Group Growth ETF by 11.5% in the 3rd quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock valued at $562,219,000 after purchasing an additional 1,322,744 shares in the last quarter. Finally, Capital Group Private Client Services Inc. lifted its stake in shares of Capital Group Growth ETF by 5.3% in the 3rd quarter. Capital Group Private Client Services Inc. now owns 23,440,414 shares of the company’s stock valued at $1,029,503,000 after purchasing an additional 1,178,520 shares in the last quarter.

Capital Group Growth ETF Price Performance

NYSEARCA CGGR opened at $47.73 on Friday. The firm has a market capitalization of $23.73 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 1-year low of $37.64 and a 1-year high of $47.85. The business’s 50-day simple moving average is $43.77 and its 200-day simple moving average is $43.81.

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.