D.A. Davidson & CO. Boosts Stake in Capital Group Growth ETF $CGGR

D.A. Davidson & CO. boosted its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 7.9% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 905,700 shares of the company’s stock after acquiring an additional 66,504 shares during the quarter. D.A. Davidson & CO.’s holdings in Capital Group Growth ETF were worth $36,400,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. LPL Financial LLC grew its holdings in shares of Capital Group Growth ETF by 17.7% during the fourth quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock worth $2,019,429,000 after purchasing an additional 6,814,693 shares in the last quarter. Morgan Stanley raised its stake in Capital Group Growth ETF by 94.6% in the fourth quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock valued at $1,195,293,000 after purchasing an additional 13,065,920 shares in the last quarter. Capital Group Private Client Services Inc. raised its stake in Capital Group Growth ETF by 2.5% in the fourth quarter. Capital Group Private Client Services Inc. now owns 24,026,194 shares of the company’s stock valued at $1,068,445,000 after purchasing an additional 585,780 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in Capital Group Growth ETF by 3.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 13,193,475 shares of the company’s stock valued at $586,714,000 after purchasing an additional 485,654 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in Capital Group Growth ETF by 11.5% during the third quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock valued at $562,219,000 after purchasing an additional 1,322,744 shares during the last quarter.

Capital Group Growth ETF Price Performance

CGGR stock opened at $46.69 on Thursday. Capital Group Growth ETF has a one year low of $38.55 and a one year high of $48.02. The stock has a market cap of $24.67 billion, a PE ratio of 30.88 and a beta of 1.17. The firm has a 50 day simple moving average of $46.43 and a two-hundred day simple moving average of $44.40.

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.