Bank of New York Mellon Corp bought a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 9,985 shares of the company’s stock, valued at approximately $371,000.
Other institutional investors and hedge funds also recently modified their holdings of the company. Park Avenue Securities LLC boosted its stake in Capital Group Growth ETF by 15.1% during the 4th quarter. Park Avenue Securities LLC now owns 19,905 shares of the company’s stock valued at $740,000 after purchasing an additional 2,610 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Capital Group Growth ETF by 17.9% during the third quarter. JPMorgan Chase & Co. now owns 484,569 shares of the company’s stock worth $16,858,000 after buying an additional 73,399 shares during the period. Merit Financial Group LLC boosted its position in shares of Capital Group Growth ETF by 11.2% during the fourth quarter. Merit Financial Group LLC now owns 118,717 shares of the company’s stock worth $4,413,000 after buying an additional 11,920 shares during the period. 5T Wealth LLC bought a new position in Capital Group Growth ETF in the 4th quarter worth approximately $5,472,000. Finally, Cerity Partners LLC increased its position in Capital Group Growth ETF by 42.4% in the 3rd quarter. Cerity Partners LLC now owns 24,070 shares of the company’s stock valued at $837,000 after acquiring an additional 7,170 shares during the period.
Capital Group Growth ETF Trading Down 2.8 %
CGGR stock opened at $34.30 on Friday. The firm’s 50-day moving average is $37.47 and its two-hundred day moving average is $36.81. The company has a market capitalization of $9.83 billion, a price-to-earnings ratio of 28.51 and a beta of 1.16. Capital Group Growth ETF has a 52 week low of $29.70 and a 52 week high of $39.96.
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.
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