Diversify Wealth Management LLC Has $2.90 Million Stake in Capital Group Growth ETF $CGGR

Diversify Wealth Management LLC raised its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 252.0% in the 1st quarter, Holdings Channel reports. The firm owned 65,604 shares of the company’s stock after purchasing an additional 46,966 shares during the quarter. Diversify Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $2,904,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CGGR. LPL Financial LLC grew its position in shares of Capital Group Growth ETF by 17.7% in the 4th quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock valued at $2,019,429,000 after buying an additional 6,814,693 shares during the last quarter. Morgan Stanley raised its position 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 worth $1,195,293,000 after acquiring an additional 13,065,920 shares during the last quarter. Capital Group Private Client Services Inc. raised its position 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 acquiring an additional 585,780 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of 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 worth $586,714,000 after acquiring an additional 485,654 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of Capital Group Growth ETF by 11.5% in the third quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock worth $562,219,000 after acquiring an additional 1,322,744 shares during the period.

Capital Group Growth ETF Price Performance

Shares of CGGR stock opened at $46.30 on Tuesday. The business’s 50 day simple moving average is $46.38 and its 200 day simple moving average is $44.38. Capital Group Growth ETF has a one year low of $38.55 and a one year high of $48.02. The stock has a market capitalization of $24.46 billion, a PE ratio of 30.88 and a beta of 1.17.

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.