Stephens Inc. AR Acquires New Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Stephens Inc. AR acquired a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 18,828 shares of the company’s stock, valued at approximately $655,000.

Several other institutional investors and hedge funds have also modified their holdings of CGGR. Capital Group Private Client Services Inc. boosted its position in Capital Group Growth ETF by 14.5% during the 1st quarter. Capital Group Private Client Services Inc. now owns 15,759,357 shares of the company’s stock worth $504,142,000 after acquiring an additional 1,990,616 shares during the last quarter. LPL Financial LLC boosted its position in Capital Group Growth ETF by 11.3% during the 2nd quarter. LPL Financial LLC now owns 9,981,257 shares of the company’s stock worth $328,284,000 after acquiring an additional 1,016,246 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in Capital Group Growth ETF by 4.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 9,323,101 shares of the company’s stock worth $324,351,000 after acquiring an additional 359,838 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Capital Group Growth ETF by 3.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,771,174 shares of the company’s stock worth $189,814,000 after acquiring an additional 194,550 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in Capital Group Growth ETF by 27.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,077,593 shares of the company’s stock worth $167,002,000 after acquiring an additional 1,099,783 shares during the last quarter.

Capital Group Growth ETF Stock Up 3.0 %

NYSEARCA:CGGR opened at $36.45 on Thursday. Capital Group Growth ETF has a twelve month low of $24.92 and a twelve month high of $36.49. The business has a 50 day moving average price of $34.42 and a two-hundred day moving average price of $33.07. The company has a market cap of $6.20 billion, a P/E ratio of 28.99 and a beta of 1.22.

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.