1,389 Shares in Capital Group Growth ETF (NYSEARCA:CGGR) Bought by CX Institutional

CX Institutional bought a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,389 shares of the company’s stock, valued at approximately $48,000.

A number of other institutional investors have also recently added to or reduced their stakes in CGGR. Raymond James Financial Inc. acquired a new stake in Capital Group Growth ETF in the 4th quarter valued at $257,888,000. LPL Financial LLC boosted its position in shares of Capital Group Growth ETF by 34.9% in the fourth quarter. LPL Financial LLC now owns 16,775,326 shares of the company’s stock worth $623,539,000 after buying an additional 4,337,156 shares during the period. Leigh Baldwin & CO. LLC purchased a new stake in shares of Capital Group Growth ETF in the fourth quarter worth about $63,610,000. WNY Asset Management LLC grew its stake in shares of Capital Group Growth ETF by 2,003.1% in the fourth quarter. WNY Asset Management LLC now owns 1,613,840 shares of the company’s stock valued at $59,986,000 after buying an additional 1,537,104 shares in the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of Capital Group Growth ETF by 25.4% in the fourth quarter. Wells Fargo & Company MN now owns 6,763,699 shares of the company’s stock valued at $251,407,000 after buying an additional 1,368,362 shares in the last quarter.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA:CGGR opened at $38.86 on Wednesday. The business’s 50-day simple moving average is $36.40 and its 200 day simple moving average is $36.94. The company has a market cap of $12.47 billion, a P/E ratio of 30.36 and a beta of 1.18. Capital Group Growth ETF has a one year low of $29.23 and a one year high of $39.96.

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.