Capital Group Growth ETF (NYSEARCA:CGGR) Shares Purchased by IFP Advisors Inc

IFP Advisors Inc increased its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 26.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,448 shares of the company’s stock after purchasing an additional 931 shares during the quarter. IFP Advisors Inc’s holdings in Capital Group Growth ETF were worth $165,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Park Avenue Securities LLC lifted its holdings in shares of Capital Group Growth ETF by 15.1% during the fourth quarter. Park Avenue Securities LLC now owns 19,905 shares of the company’s stock worth $740,000 after purchasing an additional 2,610 shares during the period. JPMorgan Chase & Co. raised its position in Capital Group Growth ETF by 17.9% during the third quarter. JPMorgan Chase & Co. now owns 484,569 shares of the company’s stock valued at $16,858,000 after acquiring an additional 73,399 shares in the last quarter. Merit Financial Group LLC raised its position in Capital Group Growth ETF by 11.2% during the fourth quarter. Merit Financial Group LLC now owns 118,717 shares of the company’s stock valued at $4,413,000 after acquiring an additional 11,920 shares in the last quarter. 5T Wealth LLC purchased a new position in Capital Group Growth ETF during the fourth quarter valued at approximately $5,472,000. Finally, Stephens Inc. AR purchased a new position in Capital Group Growth ETF during the third quarter valued at approximately $655,000.

Capital Group Growth ETF Trading Down 2.2 %

Shares of CGGR stock opened at $36.45 on Tuesday. The stock has a 50 day moving average of $38.49 and a 200 day moving average of $36.60. The stock has a market cap of $10.29 billion, a P/E ratio of 29.74 and a beta of 1.16. Capital Group Growth ETF has a twelve month low of $29.70 and a twelve month high of $39.96.

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.