D.A. Davidson & CO. Purchases 55,471 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

D.A. Davidson & CO. raised its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 32.8% in the third quarter, Holdings Channel reports. The fund owned 224,416 shares of the company’s stock after buying an additional 55,471 shares during the quarter. D.A. Davidson & CO.’s holdings in Capital Group Growth ETF were worth $7,807,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in CGGR. McNamara Financial Services Inc. lifted its position in shares of Capital Group Growth ETF by 44.5% during the 3rd quarter. McNamara Financial Services Inc. now owns 10,414 shares of the company’s stock worth $362,000 after purchasing an additional 3,209 shares during the last quarter. Thoroughbred Financial Services LLC lifted its holdings in shares of Capital Group Growth ETF by 89.3% during the second quarter. Thoroughbred Financial Services LLC now owns 16,523 shares of the company’s stock worth $543,000 after buying an additional 7,796 shares during the last quarter. LPL Financial LLC boosted its position in shares of Capital Group Growth ETF by 11.3% in the second quarter. LPL Financial LLC now owns 9,981,257 shares of the company’s stock valued at $328,284,000 after acquiring an additional 1,016,246 shares during the period. Creative Planning boosted its position in shares of Capital Group Growth ETF by 12.9% in the third quarter. Creative Planning now owns 24,676 shares of the company’s stock valued at $858,000 after acquiring an additional 2,818 shares during the period. Finally, Stephens Inc. AR acquired a new stake in shares of Capital Group Growth ETF in the third quarter worth $655,000.

Capital Group Growth ETF Trading Up 0.3 %

Shares of CGGR stock opened at $37.56 on Wednesday. The firm has a market capitalization of $6.39 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 1 year low of $26.33 and a 1 year high of $37.83. The firm’s fifty day simple moving average is $35.58 and its 200 day simple moving average is $33.69.

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.