LPL Financial LLC Purchases 4,337,156 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

LPL Financial LLC lifted its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 34.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,775,326 shares of the company’s stock after buying an additional 4,337,156 shares during the period. LPL Financial LLC owned about 0.10% of Capital Group Growth ETF worth $623,539,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Park Avenue Securities LLC increased its holdings in Capital Group Growth ETF by 15.1% during the 4th quarter. Park Avenue Securities LLC now owns 19,905 shares of the company’s stock worth $740,000 after purchasing an additional 2,610 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Capital Group Growth ETF by 17.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 484,569 shares of the company’s stock worth $16,858,000 after purchasing an additional 73,399 shares in the last quarter. Merit Financial Group LLC increased its holdings in Capital Group Growth ETF by 11.2% during the 4th quarter. Merit Financial Group LLC now owns 118,717 shares of the company’s stock worth $4,413,000 after purchasing an additional 11,920 shares in the last quarter. 5T Wealth LLC bought a new position in Capital Group Growth ETF during the 4th quarter worth about $5,472,000. Finally, Natixis Advisors LLC increased its holdings in Capital Group Growth ETF by 33.8% during the 3rd quarter. Natixis Advisors LLC now owns 51,900 shares of the company’s stock worth $1,806,000 after purchasing an additional 13,112 shares in the last quarter.

Capital Group Growth ETF Trading Up 0.6 %

CGGR stock opened at $35.22 on Friday. The stock has a 50-day moving average price of $37.70 and a two-hundred day moving average price of $36.73. The stock has a market cap of $10.09 billion, a PE ratio of 28.51 and a beta of 1.16. Capital Group Growth ETF has a 1 year low of $29.70 and a 1 year high of $39.96.

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.