Benjamin F. Edwards & Company Inc. Grows Stake in Capital Group Growth ETF (NYSEARCA:CGGR)

Benjamin F. Edwards & Company Inc. increased its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 32.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 255,304 shares of the company’s stock after acquiring an additional 62,006 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Capital Group Growth ETF were worth $8,397,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Per Stirling Capital Management LLC. purchased a new position in Capital Group Growth ETF in the 4th quarter worth approximately $1,928,000. Hoylecohen LLC grew its position in Capital Group Growth ETF by 0.8% in the fourth quarter. Hoylecohen LLC now owns 550,215 shares of the company’s stock worth $15,533,000 after acquiring an additional 4,144 shares in the last quarter. Assetmark Inc. increased its stake in Capital Group Growth ETF by 8.4% in the fourth quarter. Assetmark Inc. now owns 131,997 shares of the company’s stock valued at $3,726,000 after acquiring an additional 10,180 shares during the last quarter. ORBA Wealth Advisors L.L.C. purchased a new stake in Capital Group Growth ETF during the fourth quarter valued at about $380,000. Finally, Wells Fargo & Company MN lifted its stake in Capital Group Growth ETF by 62.2% during the fourth quarter. Wells Fargo & Company MN now owns 2,370,877 shares of the company’s stock worth $66,930,000 after purchasing an additional 908,945 shares during the last quarter.

Capital Group Growth ETF Trading Down 0.1 %

Shares of Capital Group Growth ETF stock opened at $34.40 on Friday. The firm has a market capitalization of $5.85 billion, a PE ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 12 month low of $23.34 and a 12 month high of $34.57. The business’s 50-day moving average price is $32.88 and its 200-day moving average price is $32.26.

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.