Global Retirement Partners LLC Boosts Stake in Capital Group Growth ETF $CGGR

Global Retirement Partners LLC boosted its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 6.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 879,221 shares of the company’s stock after buying an additional 51,745 shares during the quarter. Capital Group Growth ETF makes up about 0.7% of Global Retirement Partners LLC’s holdings, making the stock its 26th biggest position. Global Retirement Partners LLC owned about 0.20% of Capital Group Growth ETF worth $39,099,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CGGR. Goldman Sachs Group Inc. lifted its stake in Capital Group Growth ETF by 174.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 319,824 shares of the company’s stock valued at $10,954,000 after buying an additional 203,151 shares in the last quarter. First Trust Advisors LP acquired a new position in Capital Group Growth ETF in the 2nd quarter valued at $211,000. Cerity Partners LLC raised 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 acquiring an additional 42,631 shares during the last quarter. Sei Investments Co. raised 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 acquiring an additional 189,933 shares during the last quarter. Finally, Diversify Wealth Management LLC acquired a new position in Capital Group Growth ETF in the 2nd quarter valued at $320,000.

Capital Group Growth ETF Stock Performance

Shares of CGGR opened at $45.95 on Thursday. The stock has a fifty day moving average of $43.13 and a two-hundred day moving average of $43.68. The company has a market capitalization of $22.84 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a fifty-two week low of $37.05 and a fifty-two week high of $46.79.

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.