Renaissance Technologies LLC Increases Stake in Capital Group Growth ETF $CGGR

Renaissance Technologies LLC grew its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 513.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 55,200 shares of the company’s stock after acquiring an additional 46,200 shares during the period. Renaissance Technologies LLC’s holdings in Capital Group Growth ETF were worth $2,218,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of CGGR. LPL Financial LLC increased its stake in shares of Capital Group Growth ETF by 17.7% in the 4th quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock worth $2,019,429,000 after purchasing an additional 6,814,693 shares in the last quarter. Morgan Stanley lifted its position in Capital Group Growth ETF by 94.6% during the fourth quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock valued at $1,195,293,000 after purchasing an additional 13,065,920 shares in the last quarter. Capital Group Private Client Services Inc. lifted its position in Capital Group Growth ETF by 2.5% during the fourth quarter. Capital Group Private Client Services Inc. now owns 24,026,194 shares of the company’s stock valued at $1,068,445,000 after purchasing an additional 585,780 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in Capital Group Growth ETF by 3.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 13,193,475 shares of the company’s stock valued at $586,714,000 after purchasing an additional 485,654 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in Capital Group Growth ETF by 11.5% during the third quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock valued at $562,219,000 after purchasing an additional 1,322,744 shares during the period.

Capital Group Growth ETF Stock Up 0.1%

Shares of CGGR opened at $47.01 on Tuesday. The business has a 50-day simple moving average of $46.11 and a two-hundred day simple moving average of $44.48. The stock has a market cap of $25.30 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a 52 week low of $38.55 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.