DV Trading LLC Has $704,000 Stake in Capital Group Growth ETF $CGGR

DV Trading LLC grew its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 297.9% in the first quarter, HoldingsChannel.com reports. The firm owned 17,508 shares of the company’s stock after purchasing an additional 13,108 shares during the period. DV Trading LLC’s holdings in Capital Group Growth ETF were worth $704,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC lifted its holdings in shares of Capital Group Growth ETF by 17.7% in the fourth quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock valued at $2,019,429,000 after purchasing an additional 6,814,693 shares in the last quarter. Morgan Stanley boosted its position in shares of 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 buying an additional 13,065,920 shares during the last quarter. Capital Group Private Client Services Inc. grew its holdings 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 worth $1,068,445,000 after buying an additional 585,780 shares in the last quarter. Bank of America Corp DE grew its holdings in Capital Group Growth ETF by 10.3% during the first quarter. Bank of America Corp DE now owns 14,193,836 shares of the company’s stock worth $570,450,000 after buying an additional 1,320,686 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings 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 worth $586,714,000 after buying an additional 485,654 shares in the last quarter.

Capital Group Growth ETF Trading Up 0.7%

NYSEARCA CGGR opened at $44.85 on Friday. The business has a fifty day simple moving average of $46.18 and a 200 day simple moving average of $44.41. Capital Group Growth ETF has a 12 month low of $38.55 and a 12 month high of $48.02. The firm has a market capitalization of $24.13 billion, a P/E ratio of 30.88 and a beta of 1.17.

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.