Natixis Advisors LLC Boosts Stake in Capital Group Growth ETF $CGGR

Natixis Advisors LLC increased its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 56.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 267,805 shares of the company’s stock after purchasing an additional 96,380 shares during the period. Natixis Advisors LLC owned approximately 0.06% of Capital Group Growth ETF worth $11,909,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Capital Group Private Client Services Inc. grew its stake in shares of Capital Group Growth ETF by 5.3% in the third quarter. Capital Group Private Client Services Inc. now owns 23,440,414 shares of the company’s stock worth $1,029,503,000 after acquiring an additional 1,178,520 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Capital Group Growth ETF by 11.5% in the third quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock worth $562,219,000 after acquiring an additional 1,322,744 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Capital Group Growth ETF by 6.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 12,136,612 shares of the company’s stock worth $539,715,000 after acquiring an additional 761,802 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of Capital Group Growth ETF by 31.7% in the third quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock worth $489,487,000 after acquiring an additional 2,680,056 shares in the last quarter. Finally, UBS Group AG grew its stake in shares of Capital Group Growth ETF by 5.7% in the fourth quarter. UBS Group AG now owns 5,235,698 shares of the company’s stock worth $232,831,000 after acquiring an additional 283,016 shares in the last quarter.

Capital Group Growth ETF Stock Down 4.1%

NYSEARCA:CGGR opened at $45.28 on Friday. The company has a fifty day simple moving average of $44.39 and a two-hundred day simple moving average of $43.92. The company has a market cap of $22.51 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 52 week low of $38.49 and a 52 week high of $48.02.

Capital Group Growth ETF 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.