Signature Resources Capital Management LLC Raises Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Signature Resources Capital Management LLC lifted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 4.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 56,622 shares of the company’s stock after acquiring an additional 2,500 shares during the quarter. Capital Group Growth ETF makes up 1.9% of Signature Resources Capital Management LLC’s portfolio, making the stock its 10th biggest position. Signature Resources Capital Management LLC’s holdings in Capital Group Growth ETF were worth $2,105,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CGGR. LPL Financial LLC boosted its position in Capital Group Growth ETF by 24.6% during the 3rd quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock valued at $432,724,000 after acquiring an additional 2,456,913 shares in the last quarter. Kestra Investment Management LLC purchased a new position in shares of Capital Group Growth ETF in the 2nd quarter valued at approximately $44,429,000. Sanctuary Advisors LLC bought a new stake in shares of Capital Group Growth ETF during the second quarter valued at approximately $25,746,000. Sei Investments Co. purchased a new stake in Capital Group Growth ETF in the second quarter worth $25,735,000. Finally, Summit Investment Advisory Services LLC bought a new position in Capital Group Growth ETF in the third quarter worth $27,099,000.

Capital Group Growth ETF Trading Up 1.3 %

Shares of Capital Group Growth ETF stock opened at $38.50 on Tuesday. Capital Group Growth ETF has a 12 month low of $28.00 and a 12 month high of $39.36. The firm has a market capitalization of $6.55 billion, a P/E ratio of 28.99 and a beta of 1.22. The business has a fifty day simple moving average of $37.86 and a two-hundred day simple moving average of $35.29.

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.