Clearwave Capital LLC Acquires Shares of 16,278 Capital Group Growth ETF $CGGR

Clearwave Capital LLC acquired a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 16,278 shares of the company’s stock, valued at approximately $724,000.

A number of other institutional investors and hedge funds have also made changes to their positions in CGGR. Morgan Stanley grew its holdings in shares of 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. LPL Financial LLC increased its holdings in Capital Group Growth ETF by 17.7% during the 4th 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 during the period. Raymond James Financial Inc. raised its position in Capital Group Growth ETF by 31.7% in the 3rd quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock valued at $489,487,000 after purchasing an additional 2,680,056 shares in the last quarter. Wells Fargo & Company MN raised its position in Capital Group Growth ETF by 26.2% in the 4th quarter. Wells Fargo & Company MN now owns 12,423,660 shares of the company’s stock valued at $552,480,000 after purchasing an additional 2,580,345 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Capital Group Growth ETF by 11.5% in the 3rd quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock valued at $562,219,000 after buying an additional 1,322,744 shares during the period.

Capital Group Growth ETF Stock Performance

CGGR stock opened at $46.96 on Friday. Capital Group Growth ETF has a fifty-two week low of $38.49 and a fifty-two week high of $48.02. The company’s 50 day moving average price is $45.57 and its 200 day moving average price is $44.14. The firm has a market capitalization of $23.34 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17.

Capital Group Growth ETF 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.