D.A. Davidson & CO. Buys 66,504 Shares of Capital Group Growth ETF $CGGR

D.A. Davidson & CO. increased its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 7.9% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 905,700 shares of the company’s stock after purchasing an additional 66,504 shares during the period. D.A. Davidson & CO. owned 0.18% of Capital Group Growth ETF worth $36,400,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in CGGR. LPL Financial LLC increased its position in shares of Capital Group Growth ETF by 17.7% during the fourth quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock valued at $2,019,429,000 after buying an additional 6,814,693 shares during the period. Morgan Stanley lifted its holdings in shares of Capital Group Growth ETF by 94.6% in the fourth quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock worth $1,195,293,000 after buying an additional 13,065,920 shares in the last quarter. Capital Group Private Client Services Inc. boosted its position in shares of Capital Group Growth ETF by 2.5% in the fourth 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 acquiring an additional 585,780 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of Capital Group Growth ETF by 3.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 13,193,475 shares of the company’s stock valued at $586,714,000 after acquiring an additional 485,654 shares during the period. Finally, Bank of America Corp DE grew its stake in Capital Group Growth ETF by 11.5% during the third quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock valued at $562,219,000 after acquiring an additional 1,322,744 shares in the last quarter.

Capital Group Growth ETF Trading Up 0.1%

Capital Group Growth ETF stock opened at $46.69 on Thursday. The firm’s 50 day simple moving average is $46.43 and its 200 day simple moving average is $44.40. The firm has a market capitalization of $24.67 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 1-year low of $38.55 and a 1-year high of $48.02.

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.