Capital Group Growth ETF $CGGR Shares Bought by DAVENPORT & Co LLC

DAVENPORT & Co LLC grew its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 18.8% during the second quarter, HoldingsChannel reports. The firm owned 600,338 shares of the company’s stock after acquiring an additional 94,900 shares during the period. DAVENPORT & Co LLC’s holdings in Capital Group Growth ETF were worth $28,336,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in CGGR. Goldman Sachs Group Inc. increased its holdings in shares of Capital Group Growth ETF by 174.1% in the first quarter. Goldman Sachs Group Inc. now owns 319,824 shares of the company’s stock valued at $10,954,000 after purchasing an additional 203,151 shares during the last quarter. First Trust Advisors LP acquired a new position in Capital Group Growth ETF during the second quarter worth $211,000. Cerity Partners LLC grew its holdings in Capital Group Growth ETF by 176.7% in the 2nd quarter. Cerity Partners LLC now owns 66,761 shares of the company’s stock valued at $2,715,000 after buying an additional 42,631 shares in the last quarter. Sei Investments Co. grew its holdings in Capital Group Growth ETF by 19.5% in the 2nd quarter. Sei Investments Co. now owns 1,163,011 shares of the company’s stock valued at $47,277,000 after buying an additional 189,933 shares in the last quarter. Finally, Diversify Wealth Management LLC purchased a new stake in Capital Group Growth ETF in the 2nd quarter valued at $320,000.

Capital Group Growth ETF Stock Up 0.2%

Shares of CGGR opened at $47.03 on Thursday. Capital Group Growth ETF has a 52-week low of $38.55 and a 52-week high of $48.02. The stock has a fifty day simple moving average of $46.10 and a two-hundred day simple moving average of $44.51. The company has a market capitalization of $25.31 billion, a PE ratio of 30.88 and a beta of 1.18.

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.