Signature Estate & Investment Advisors LLC Purchases Shares of 2,221,256 Capital Group Growth ETF (NYSEARCA:CGGR)

Signature Estate & Investment Advisors LLC acquired a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGRGet Rating) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 2,221,256 shares of the company’s stock, valued at approximately $44,292,000. Capital Group Growth ETF accounts for approximately 1.6% of Signature Estate & Investment Advisors LLC’s portfolio, making the stock its 13th largest holding.

Several other institutional investors have also recently modified their holdings of CGGR. Envestnet Asset Management Inc. acquired a new stake in shares of Capital Group Growth ETF during the first quarter valued at $351,000. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Capital Group Growth ETF during the 1st quarter worth about $1,109,000. Captrust Financial Advisors purchased a new stake in shares of Capital Group Growth ETF during the first quarter worth about $209,000. Capital International Investors acquired a new position in shares of Capital Group Growth ETF in the first quarter valued at approximately $25,035,000. Finally, UBS Group AG purchased a new position in shares of Capital Group Growth ETF during the second quarter valued at approximately $492,000.

Capital Group Growth ETF Stock Performance

CGGR stock opened at $21.22 on Friday. The company has a 50 day moving average price of $21.84 and a two-hundred day moving average price of $20.95. The stock has a market capitalization of $1.46 billion, a P/E ratio of 18.26 and a beta of 1.17. Capital Group Growth ETF has a one year low of $18.60 and a one year high of $28.37.

Capital Group Growth ETF Company Profile

(Get Rating)

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.

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Institutional Ownership by Quarter for Capital Group Growth ETF (NYSEARCA:CGGR)

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