Silver Oak Securities Incorporated Acquires Shares of 81,059 Capital Group Growth ETF $CGGR

Silver Oak Securities Incorporated acquired a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) during the 1st quarter, Holdings Channel.com reports. The fund acquired 81,059 shares of the company’s stock, valued at approximately $3,258,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. LPL Financial LLC raised its holdings 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 worth $2,019,429,000 after purchasing an additional 6,814,693 shares during the last quarter. Morgan Stanley boosted its holdings in Capital Group Growth ETF by 94.6% in the fourth quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock valued at $1,195,293,000 after purchasing an additional 13,065,920 shares during the last quarter. Capital Group Private Client Services Inc. boosted its holdings in Capital Group Growth ETF by 2.5% in the fourth quarter. Capital Group Private Client Services Inc. now owns 24,026,194 shares of the company’s stock valued at $1,068,445,000 after purchasing an additional 585,780 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in Capital Group Growth ETF by 3.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 13,193,475 shares of the company’s stock valued at $586,714,000 after purchasing an additional 485,654 shares during the last quarter. Finally, Bank of America Corp DE grew its position in Capital Group Growth ETF by 11.5% during the 3rd 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 Stock Performance

NYSEARCA CGGR opened at $45.63 on Thursday. The firm has a market capitalization of $22.68 billion, a P/E ratio of 30.88 and a beta of 1.17. The stock has a 50-day simple moving average of $45.79 and a two-hundred day simple moving average of $44.18. Capital Group Growth ETF has a fifty-two week low of $38.55 and a fifty-two week high of $48.02.

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.