Capital Group Growth ETF (NYSEARCA:CGGR) Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 9.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,924,105 shares of the company’s stock after purchasing an additional 606,011 shares during the period. Envestnet Asset Management Inc. owned about 4.07% of Capital Group Growth ETF worth $257,369,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of CGGR. Rockefeller Capital Management L.P. increased its holdings in shares of Capital Group Growth ETF by 20.7% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 77,698 shares of the company’s stock worth $2,703,000 after acquiring an additional 13,328 shares during the period. HighTower Advisors LLC raised its stake in shares of Capital Group Growth ETF by 14.8% in the 3rd quarter. HighTower Advisors LLC now owns 232,656 shares of the company’s stock worth $8,087,000 after buying an additional 30,043 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in Capital Group Growth ETF by 37.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 25,210 shares of the company’s stock valued at $877,000 after acquiring an additional 6,855 shares during the last quarter. Quantinno Capital Management LP bought a new stake in Capital Group Growth ETF during the third quarter worth approximately $387,000. Finally, MML Investors Services LLC grew its holdings in shares of Capital Group Growth ETF by 20.5% in the 3rd quarter. MML Investors Services LLC now owns 2,688,825 shares of the company’s stock worth $93,544,000 after acquiring an additional 456,991 shares during the last quarter.

Capital Group Growth ETF Price Performance

Shares of CGGR opened at $30.85 on Friday. The company has a 50-day moving average of $36.91 and a two-hundred day moving average of $36.85. Capital Group Growth ETF has a one year low of $29.70 and a one year high of $39.96. The stock has a market cap of $8.95 billion, a price-to-earnings ratio of 27.00 and a beta of 1.17.

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.