UBS Group AG Buys 283,016 Shares of Capital Group Growth ETF $CGGR

UBS Group AG grew its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 5.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,235,698 shares of the company’s stock after acquiring an additional 283,016 shares during the period. UBS Group AG owned 1.19% of Capital Group Growth ETF worth $232,831,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Gemmer Asset Management LLC increased its position in shares of Capital Group Growth ETF by 0.5% during the fourth quarter. Gemmer Asset Management LLC now owns 49,552 shares of the company’s stock worth $2,204,000 after purchasing an additional 248 shares in the last quarter. Whipplewood Advisors LLC grew its position in Capital Group Growth ETF by 32.5% during the 3rd quarter. Whipplewood Advisors LLC now owns 1,065 shares of the company’s stock worth $47,000 after purchasing an additional 261 shares during the period. Hunter Associates Investment Management LLC grew its position in Capital Group Growth ETF by 1.6% during the 3rd quarter. Hunter Associates Investment Management LLC now owns 19,414 shares of the company’s stock worth $853,000 after purchasing an additional 314 shares during the period. Keystone Financial Services LLC grew its position in Capital Group Growth ETF by 2.1% during the 4th quarter. Keystone Financial Services LLC now owns 16,572 shares of the company’s stock worth $737,000 after purchasing an additional 336 shares during the period. Finally, Cvfg LLC raised its stake in shares of Capital Group Growth ETF by 4.4% during the 3rd quarter. Cvfg LLC now owns 8,064 shares of the company’s stock valued at $354,000 after buying an additional 339 shares during the last quarter.

Capital Group Growth ETF Stock Down 1.1%

Shares of CGGR opened at $44.28 on Wednesday. The company has a market capitalization of $21.88 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a 52 week low of $33.92 and a 52 week high of $45.83. The stock’s 50-day moving average price is $42.37 and its 200-day moving average price is $43.56.

About Capital Group Growth ETF

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.