Venture Visionary Partners LLC Grows Stock Holdings in Capital Group Growth ETF $CGGR

Venture Visionary Partners LLC lifted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 74.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 101,640 shares of the company’s stock after buying an additional 43,498 shares during the period. Venture Visionary Partners LLC’s holdings in Capital Group Growth ETF were worth $4,520,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of CGGR. Morgan Stanley increased its position in shares of Capital Group Growth ETF by 94.6% during the fourth quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock valued at $1,195,293,000 after buying an additional 13,065,920 shares during the period. 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. Raymond James Financial Inc. increased its position in shares of Capital Group Growth ETF by 31.7% during the third quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock valued at $489,487,000 after buying an additional 2,680,056 shares during the period. Wells Fargo & Company MN increased its position in shares of Capital Group Growth ETF by 26.2% during the fourth quarter. Wells Fargo & Company MN now owns 12,423,660 shares of the company’s stock valued at $552,480,000 after buying an additional 2,580,345 shares during the period. Finally, Bank of America Corp DE increased its position in shares of 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 buying an additional 1,322,744 shares during the period.

Capital Group Growth ETF Stock Performance

Shares of CGGR opened at $47.09 on Tuesday. The stock has a market cap of $23.41 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a fifty-two week low of $38.49 and a fifty-two week high of $48.02. The firm’s 50-day simple moving average is $45.10 and its two-hundred day simple moving average is $44.07.

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.