Worthington Financial Partners LLC Takes Position in Capital Group Growth ETF $CGGR

Worthington Financial Partners LLC acquired a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 76,889 shares of the company’s stock, valued at approximately $3,419,000. Capital Group Growth ETF accounts for about 3.0% of Worthington Financial Partners LLC’s holdings, making the stock its 4th biggest holding.

A number of other large investors have also added to or reduced their stakes in the business. LPL Financial LLC grew its holdings in Capital Group Growth ETF by 17.7% during the 4th quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock worth $2,019,429,000 after acquiring an additional 6,814,693 shares during the last quarter. Morgan Stanley raised its stake 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 acquiring an additional 13,065,920 shares during the last quarter. Capital Group Private Client Services Inc. lifted its holdings in shares of Capital Group Growth ETF by 2.5% during the fourth quarter. Capital Group Private Client Services Inc. now owns 24,026,194 shares of the company’s stock worth $1,068,445,000 after purchasing an additional 585,780 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of Capital Group Growth ETF by 3.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 13,193,475 shares of the company’s stock worth $586,714,000 after purchasing an additional 485,654 shares during the period. Finally, Bank of America Corp DE lifted its holdings 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 worth $562,219,000 after purchasing an additional 1,322,744 shares during the period.

Capital Group Growth ETF Price Performance

Shares of Capital Group Growth ETF stock opened at $46.96 on Friday. The stock has a market cap of $23.34 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a twelve month low of $38.49 and a twelve month high of $48.02. The company’s fifty day moving average is $45.57 and its 200 day moving average is $44.14.

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.