Capital Group Growth ETF (NYSEARCA:CGGR) Stake Raised by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 15.7% in the 4th quarter, Holdings Channel reports. The fund owned 241,991 shares of the company’s stock after purchasing an additional 32,842 shares during the period. Capital Group Growth ETF makes up about 1.3% of Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ portfolio, making the stock its 14th biggest position. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Capital Group Growth ETF were worth $8,995,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in Capital Group Growth ETF in the fourth quarter worth $257,888,000. LPL Financial LLC increased its holdings in shares of Capital Group Growth ETF by 24.6% during the 3rd quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock valued at $432,724,000 after acquiring an additional 2,456,913 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of Capital Group Growth ETF by 49.7% in the 4th quarter. Jones Financial Companies Lllp now owns 2,225,640 shares of the company’s stock valued at $82,727,000 after acquiring an additional 739,257 shares in the last quarter. Signature Estate & Investment Advisors LLC lifted its holdings in Capital Group Growth ETF by 24.7% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 2,957,191 shares of the company’s stock worth $102,881,000 after purchasing an additional 586,545 shares during the last quarter. Finally, Alpha Financial Advisors LLC acquired a new stake in shares of Capital Group Growth ETF in the fourth quarter worth $20,431,000.

Capital Group Growth ETF Trading Down 3.3 %

NYSEARCA CGGR opened at $35.48 on Friday. Capital Group Growth ETF has a 1 year low of $29.70 and a 1 year high of $39.96. The company has a fifty day simple moving average of $38.40 and a 200 day simple moving average of $36.62. The company has a market cap of $10.02 billion, a P/E ratio of 29.74 and a beta of 1.16.

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.