Capital Group Growth ETF (NYSEARCA:CGGR) Position Lifted by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. raised its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 33.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 79,266 shares of the company’s stock after purchasing an additional 19,738 shares during the period. Vestmark Advisory Solutions Inc. owned 0.08% of Capital Group Growth ETF worth $2,238,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Sigma Planning Corp raised its position in shares of Capital Group Growth ETF by 233.9% during the 3rd quarter. Sigma Planning Corp now owns 79,932 shares of the company’s stock worth $1,958,000 after purchasing an additional 55,994 shares during the period. J Arnold Wealth Management Co bought a new stake in Capital Group Growth ETF in the fourth quarter valued at $314,000. Brown Miller Wealth Management LLC boosted its holdings in shares of Capital Group Growth ETF by 6.7% during the fourth quarter. Brown Miller Wealth Management LLC now owns 17,990 shares of the company’s stock valued at $508,000 after acquiring an additional 1,124 shares during the period. Global Retirement Partners LLC grew its position in shares of Capital Group Growth ETF by 3.5% during the fourth quarter. Global Retirement Partners LLC now owns 827,746 shares of the company’s stock worth $23,293,000 after acquiring an additional 27,701 shares during the last quarter. Finally, SOL Capital Management CO increased its holdings in shares of Capital Group Growth ETF by 43.3% in the 4th quarter. SOL Capital Management CO now owns 28,068 shares of the company’s stock worth $792,000 after acquiring an additional 8,480 shares during the period.

Capital Group Growth ETF Price Performance

Shares of CGGR traded up $0.35 during mid-day trading on Friday, hitting $30.90. The company’s stock had a trading volume of 1,601,850 shares, compared to its average volume of 1,283,323. Capital Group Growth ETF has a fifty-two week low of $22.14 and a fifty-two week high of $32.35. The stock has a market capitalization of $5.26 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. The firm has a 50-day moving average price of $31.31 and a 200 day moving average price of $28.79.

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.