Titleist Asset Management LLC Increases Stock Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Titleist Asset Management LLC grew its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 51.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 9,517 shares of the company’s stock after acquiring an additional 3,235 shares during the period. Titleist Asset Management LLC’s holdings in Capital Group Growth ETF were worth $354,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. HighTower Advisors LLC lifted its stake in Capital Group Growth ETF by 14.8% during the third quarter. HighTower Advisors LLC now owns 232,656 shares of the company’s stock worth $8,087,000 after purchasing an additional 30,043 shares in the last quarter. Integrated Wealth Concepts LLC lifted its stake in Capital Group Growth ETF by 37.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 25,210 shares of the company’s stock worth $877,000 after acquiring an additional 6,855 shares in the last quarter. Quantinno Capital Management LP purchased a new position in Capital Group Growth ETF during the 3rd quarter valued at about $387,000. MML Investors Services LLC grew its position in Capital Group Growth ETF by 20.5% in the 3rd quarter. MML Investors Services LLC now owns 2,688,825 shares of the company’s stock valued at $93,544,000 after acquiring an additional 456,991 shares in the last quarter. Finally, Continuum Advisory LLC grew its position in Capital Group Growth ETF by 2.0% in the 3rd quarter. Continuum Advisory LLC now owns 73,653 shares of the company’s stock valued at $2,725,000 after acquiring an additional 1,453 shares in the last quarter.

Capital Group Growth ETF Stock Performance

Shares of CGGR opened at $30.85 on Monday. The company’s 50-day simple moving average is $36.91 and its 200-day simple moving average is $36.87. Capital Group Growth ETF has a 1 year low of $29.70 and a 1 year high of $39.96. The stock has a market capitalization of $8.95 billion, a PE ratio of 27.00 and a beta of 1.17.

About Capital Group Growth ETF

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.