Commonwealth Equity Services LLC Has $219.08 Million Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Commonwealth Equity Services LLC boosted its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 20.5% in the fourth quarter, Holdings Channel reports. The firm owned 7,760,438 shares of the company’s stock after purchasing an additional 1,321,699 shares during the period. Commonwealth Equity Services LLC owned 0.08% of Capital Group Growth ETF worth $219,077,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the company. Raymond James Trust N.A. grew its holdings in Capital Group Growth ETF by 1.6% during the fourth quarter. Raymond James Trust N.A. now owns 41,028 shares of the company’s stock valued at $1,158,000 after purchasing an additional 632 shares during the period. HBW Advisory Services LLC grew its holdings in Capital Group Growth ETF by 1.1% during the fourth quarter. HBW Advisory Services LLC now owns 79,771 shares of the company’s stock valued at $2,252,000 after purchasing an additional 863 shares during the period. Pinnacle Bancorp Inc. grew its holdings in Capital Group Growth ETF by 150.0% during the fourth quarter. Pinnacle Bancorp Inc. now owns 1,500 shares of the company’s stock valued at $42,000 after purchasing an additional 900 shares during the period. Winch Advisory Services LLC lifted its stake in Capital Group Growth ETF by 218.7% in the fourth quarter. Winch Advisory Services LLC now owns 1,463 shares of the company’s stock valued at $41,000 after buying an additional 1,004 shares in the last quarter. Finally, Lodestone Wealth Management LLC lifted its stake in Capital Group Growth ETF by 6.0% in the fourth quarter. Lodestone Wealth Management LLC now owns 18,585 shares of the company’s stock valued at $525,000 after buying an additional 1,050 shares in the last quarter.

Capital Group Growth ETF Price Performance

CGGR traded up $0.21 during trading on Thursday, reaching $30.50. The company had a trading volume of 1,020,461 shares, compared to its average volume of 1,270,891. Capital Group Growth ETF has a 12 month low of $22.14 and a 12 month high of $32.35. The business’s fifty day moving average price is $31.31 and its 200 day moving average price is $28.71. The company has a market cap of $5.11 billion, a P/E ratio of 28.76 and a beta of 1.09.

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.