NBC Securities Inc. Raises Stock Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

NBC Securities Inc. grew its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 38.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,781 shares of the company’s stock after buying an additional 17,032 shares during the quarter. NBC Securities Inc. owned approximately 0.06% of Capital Group Growth ETF worth $1,976,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Advance Capital Management Inc. increased its position in Capital Group Growth ETF by 6,698.2% in the first quarter. Advance Capital Management Inc. now owns 492,324 shares of the company’s stock worth $15,749,000 after buying an additional 485,082 shares in the last quarter. ST Germain D J Co. Inc. grew its position in shares of Capital Group Growth ETF by 0.7% during the first quarter. ST Germain D J Co. Inc. now owns 75,746 shares of the company’s stock worth $2,423,000 after purchasing an additional 548 shares in the last quarter. PNC Financial Services Group Inc. purchased a new stake in shares of Capital Group Growth ETF during the fourth quarter worth about $101,000. ICA Group Wealth Management LLC purchased a new stake in shares of Capital Group Growth ETF during the fourth quarter worth about $279,000. Finally, Transcendent Capital Group LLC purchased a new stake in shares of Capital Group Growth ETF during the fourth quarter worth about $33,000.

Capital Group Growth ETF Stock Performance

CGGR stock opened at $32.99 on Thursday. The company’s fifty day moving average price is $31.57 and its 200-day moving average price is $30.34. Capital Group Growth ETF has a one year low of $23.34 and a one year high of $33.06. The company has a market capitalization of $5.61 billion, a PE ratio of 28.99 and a beta of 1.22.

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.