DAVENPORT & Co LLC Raises Position in Capital Group Growth ETF $CGGR

DAVENPORT & Co LLC raised its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 16.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 443,697 shares of the company’s stock after purchasing an additional 63,418 shares during the quarter. DAVENPORT & Co LLC owned approximately 0.12% of Capital Group Growth ETF worth $19,487,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fourpath Capital Management LLC raised its stake in Capital Group Growth ETF by 9.9% in the third quarter. Fourpath Capital Management LLC now owns 20,474 shares of the company’s stock valued at $899,000 after purchasing an additional 1,840 shares in the last quarter. Security Financial Services INC. raised its holdings in shares of Capital Group Growth ETF by 101.3% during the third quarter. Security Financial Services INC. now owns 15,200 shares of the company’s stock valued at $668,000 after acquiring an additional 7,649 shares in the last quarter. LongView Wealth Management lifted its holdings in Capital Group Growth ETF by 10.7% in the third quarter. LongView Wealth Management now owns 239,598 shares of the company’s stock worth $10,523,000 after buying an additional 23,084 shares during the period. AA Financial Advisors LLC boosted its holdings in shares of Capital Group Growth ETF by 3.0% during the 3rd quarter. AA Financial Advisors LLC now owns 206,095 shares of the company’s stock valued at $9,052,000 after buying an additional 5,943 shares in the last quarter. Finally, Advance Capital Management Inc. boosted its position in shares of Capital Group Growth ETF by 10.5% in the 3rd quarter. Advance Capital Management Inc. now owns 836,450 shares of the company’s stock worth $36,737,000 after purchasing an additional 79,206 shares in the last quarter.

Capital Group Growth ETF Stock Performance

NYSEARCA:CGGR opened at $45.18 on Thursday. The firm has a market cap of $18.10 billion, a P/E ratio of 30.88 and a beta of 1.17. The firm has a 50-day simple moving average of $44.10 and a two-hundred day simple moving average of $42.70. Capital Group Growth ETF has a fifty-two week low of $29.23 and a fifty-two week high of $45.83.

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.