Capital Group Growth ETF (NYSEARCA:CGGR) Shares Acquired by Mariner LLC

Mariner LLC boosted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 24.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 235,770 shares of the company’s stock after purchasing an additional 46,087 shares during the quarter. Mariner LLC’s holdings in Capital Group Growth ETF were worth $8,764,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in shares of Capital Group Growth ETF during the fourth quarter valued at $257,888,000. LPL Financial LLC increased its stake in Capital Group Growth ETF by 34.9% during the 4th quarter. LPL Financial LLC now owns 16,775,326 shares of the company’s stock valued at $623,539,000 after buying an additional 4,337,156 shares during the period. Wells Fargo & Company MN raised its position in shares of Capital Group Growth ETF by 25.4% during the 4th quarter. Wells Fargo & Company MN now owns 6,763,699 shares of the company’s stock worth $251,407,000 after buying an additional 1,368,362 shares in the last quarter. Independent Advisor Alliance bought a new stake in shares of Capital Group Growth ETF during the 4th quarter worth about $45,801,000. Finally, Commonwealth Equity Services LLC lifted its stake in shares of Capital Group Growth ETF by 10.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 10,261,756 shares of the company’s stock worth $381,429,000 after acquiring an additional 938,655 shares during the period.

Capital Group Growth ETF Price Performance

NYSEARCA CGGR opened at $32.47 on Friday. Capital Group Growth ETF has a 12 month low of $29.23 and a 12 month high of $39.96. The firm has a market capitalization of $9.42 billion, a PE ratio of 27.00 and a beta of 1.17. The company’s 50 day simple moving average is $35.27 and its 200 day simple moving average is $36.65.

Capital Group Growth ETF 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.