Capital Group Growth ETF (NYSEARCA:CGGR) Shares Purchased by Bedel Financial Consulting Inc.

Bedel Financial Consulting Inc. boosted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 2.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 270,062 shares of the company’s stock after acquiring an additional 6,963 shares during the period. Capital Group Growth ETF comprises about 1.4% of Bedel Financial Consulting Inc.’s holdings, making the stock its 11th biggest holding. Bedel Financial Consulting Inc. owned 0.28% of Capital Group Growth ETF worth $7,624,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CGGR. Commonwealth Equity Services LLC boosted its holdings in Capital Group Growth ETF by 20.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 7,760,438 shares of the company’s stock worth $219,077,000 after buying an additional 1,321,699 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Capital Group Growth ETF by 13.0% during the third quarter. LPL Financial LLC now owns 4,480,464 shares of the company’s stock worth $109,771,000 after buying an additional 515,441 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Capital Group Growth ETF by 27.6% in the third quarter. Envestnet Asset Management Inc. now owns 2,939,064 shares of the company’s stock valued at $72,007,000 after buying an additional 634,966 shares during the last quarter. Financial Security Advisor Inc. lifted its stake in shares of Capital Group Growth ETF by 3.0% in the fourth quarter. Financial Security Advisor Inc. now owns 2,024,678 shares of the company’s stock worth $57,157,000 after buying an additional 58,234 shares in the last quarter. Finally, Raymond James & Associates boosted its position in Capital Group Growth ETF by 13.0% during the fourth quarter. Raymond James & Associates now owns 2,010,754 shares of the company’s stock worth $56,764,000 after acquiring an additional 230,570 shares during the last quarter.

Capital Group Growth ETF Trading Up 0.3 %

CGGR stock traded up $0.09 during mid-day trading on Friday, reaching $31.95. The company’s stock had a trading volume of 819,994 shares, compared to its average volume of 1,263,730. The company’s 50 day moving average is $31.38 and its two-hundred day moving average is $29.23. Capital Group Growth ETF has a fifty-two week low of $22.79 and a fifty-two week high of $32.35. The stock has a market cap of $5.44 billion, a PE 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.