Sei Investments Co. Raises Stake in Capital Group Growth ETF (NYSEARCA:CGGR)

Sei Investments Co. lifted its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 4.5% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 886,279 shares of the company’s stock after buying an additional 38,166 shares during the period. Sei Investments Co. owned 0.52% of Capital Group Growth ETF worth $32,943,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Summit Global Investments boosted its holdings in shares of Capital Group Growth ETF by 2.0% during the fourth quarter. Summit Global Investments now owns 15,043 shares of the company’s stock worth $559,000 after purchasing an additional 300 shares during the last quarter. Gutierrez Wealth Advisory LLC acquired a new stake in Capital Group Growth ETF in the 4th quarter worth about $12,878,000. Absolute Capital Management LLC purchased a new stake in Capital Group Growth ETF in the 4th quarter valued at about $1,914,000. Axxcess Wealth Management LLC increased its stake in shares of Capital Group Growth ETF by 4.2% during the 4th quarter. Axxcess Wealth Management LLC now owns 193,525 shares of the company’s stock valued at $7,193,000 after acquiring an additional 7,835 shares during the last quarter. Finally, Cozad Asset Management Inc. lifted its holdings in shares of Capital Group Growth ETF by 8.0% during the 4th quarter. Cozad Asset Management Inc. now owns 126,055 shares of the company’s stock worth $4,685,000 after acquiring an additional 9,299 shares during the period.

Capital Group Growth ETF Stock Performance

Capital Group Growth ETF stock opened at $36.32 on Wednesday. The company has a market cap of $10.41 billion, a price-to-earnings ratio of 28.51 and a beta of 1.16. Capital Group Growth ETF has a 1 year low of $29.70 and a 1 year high of $39.96. The firm has a 50 day moving average price of $37.66 and a 200 day moving average price of $36.82.

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.