Capital Group Growth ETF $CGGR Shares Acquired by Kestra Investment Management LLC

Kestra Investment Management LLC grew its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 25.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,099,816 shares of the company’s stock after buying an additional 423,231 shares during the quarter. Capital Group Growth ETF accounts for about 2.3% of Kestra Investment Management LLC’s portfolio, making the stock its 10th largest holding. Kestra Investment Management LLC owned about 0.47% of Capital Group Growth ETF worth $93,379,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of CGGR. Hazlett Burt & Watson Inc. lifted its holdings in shares of Capital Group Growth ETF by 806.5% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock valued at $25,000 after buying an additional 500 shares during the period. Atlantic Union Bankshares Corp purchased a new position in shares of Capital Group Growth ETF in the 3rd quarter valued at about $25,000. New Millennium Group LLC purchased a new position in shares of Capital Group Growth ETF in the 3rd quarter valued at about $25,000. Triumph Capital Management purchased a new position in shares of Capital Group Growth ETF in the 3rd quarter valued at about $29,000. Finally, Fifth Third Bancorp increased its stake in shares of Capital Group Growth ETF by 285.9% in the 3rd quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock valued at $30,000 after purchasing an additional 506 shares in the last quarter.

Capital Group Growth ETF Price Performance

Shares of Capital Group Growth ETF stock opened at $46.06 on Tuesday. Capital Group Growth ETF has a twelve month low of $37.05 and a twelve month high of $46.79. The business has a 50-day moving average price of $43.34 and a 200 day moving average price of $43.71. The firm has a market cap of $22.90 billion, a PE ratio of 30.88 and a beta of 1.17.

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.