Forge Financial Services LLC Has $7.32 Million Stock Position in Capital Group Growth ETF $CGGR

Forge Financial Services LLC increased its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 14.5% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 164,701 shares of the company’s stock after buying an additional 20,833 shares during the quarter. Capital Group Growth ETF comprises approximately 3.1% of Forge Financial Services LLC’s portfolio, making the stock its 8th biggest position. Forge Financial Services LLC’s holdings in Capital Group Growth ETF were worth $7,324,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. LPL Financial LLC increased its holdings in Capital Group Growth ETF by 17.7% in the 4th quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock worth $2,019,429,000 after buying an additional 6,814,693 shares in the last quarter. Capital Group Private Client Services Inc. grew its stake in shares of Capital Group Growth ETF by 2.5% during the 4th quarter. Capital Group Private Client Services Inc. now owns 24,026,194 shares of the company’s stock valued at $1,068,445,000 after purchasing an additional 585,780 shares during the period. Bank of America Corp DE grew its stake in shares of Capital Group Growth ETF by 11.5% during the 3rd quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock valued at $562,219,000 after purchasing an additional 1,322,744 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Capital Group Growth ETF by 6.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 12,136,612 shares of the company’s stock valued at $539,715,000 after purchasing an additional 761,802 shares during the period. Finally, Raymond James Financial Inc. grew its stake in shares of Capital Group Growth ETF by 31.7% during the 3rd quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock valued at $489,487,000 after purchasing an additional 2,680,056 shares during the period.

Capital Group Growth ETF Stock Up 2.7%

Capital Group Growth ETF stock opened at $45.77 on Friday. The business has a 50-day simple moving average of $44.86 and a two-hundred day simple moving average of $44.02. The company has a market cap of $22.75 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 52-week low of $38.49 and a 52-week high of $48.02.

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.