Oppenheimer & Co. Inc. Raises Stock Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Oppenheimer & Co. Inc. lifted its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 11.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 119,595 shares of the company’s stock after buying an additional 12,251 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Capital Group Growth ETF were worth $4,445,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Park Avenue Securities LLC raised its holdings in shares of Capital Group Growth ETF by 15.1% in the fourth quarter. Park Avenue Securities LLC now owns 19,905 shares of the company’s stock worth $740,000 after buying an additional 2,610 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Capital Group Growth ETF by 17.9% in the third quarter. JPMorgan Chase & Co. now owns 484,569 shares of the company’s stock worth $16,858,000 after buying an additional 73,399 shares during the period. Merit Financial Group LLC raised its holdings in shares of Capital Group Growth ETF by 11.2% in the fourth quarter. Merit Financial Group LLC now owns 118,717 shares of the company’s stock worth $4,413,000 after buying an additional 11,920 shares during the period. 5T Wealth LLC bought a new position in Capital Group Growth ETF in the fourth quarter worth approximately $5,472,000. Finally, Creative Planning grew its stake in Capital Group Growth ETF by 12.9% in the third quarter. Creative Planning now owns 24,676 shares of the company’s stock worth $858,000 after purchasing an additional 2,818 shares in the last quarter.

Capital Group Growth ETF Stock Up 1.7 %

Shares of NYSEARCA:CGGR opened at $37.26 on Friday. Capital Group Growth ETF has a 52-week low of $29.70 and a 52-week high of $39.96. The stock has a market cap of $10.52 billion, a P/E ratio of 29.74 and a beta of 1.16. The business’s 50 day moving average is $38.52 and its 200 day moving average is $36.52.

Capital Group Growth ETF Company 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.