Kera Capital Partners Inc. Buys Shares of 124,478 Capital Group Growth ETF (NYSEARCA:CGGR)

Kera Capital Partners Inc. purchased a new position in Capital Group Growth ETF (NYSEARCA:CGGR) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 124,478 shares of the company’s stock, valued at approximately $4,627,000. Capital Group Growth ETF accounts for 1.3% of Kera Capital Partners Inc.’s portfolio, making the stock its 23rd biggest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC boosted its position in Capital Group Growth ETF by 24.6% during the third quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock valued at $432,724,000 after purchasing an additional 2,456,913 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of Capital Group Growth ETF by 4.0% in the 3rd quarter. Commonwealth Equity Services LLC now owns 9,323,101 shares of the company’s stock valued at $324,351,000 after buying an additional 359,838 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Capital Group Growth ETF by 3.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,771,174 shares of the company’s stock valued at $189,814,000 after buying an additional 194,550 shares in the last quarter. Raymond James & Associates grew its position in shares of Capital Group Growth ETF by 15.3% in the 3rd quarter. Raymond James & Associates now owns 3,895,362 shares of the company’s stock worth $135,520,000 after buying an additional 517,412 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of Capital Group Growth ETF by 23.1% during the 2nd quarter. Cetera Investment Advisers now owns 3,153,822 shares of the company’s stock worth $103,729,000 after acquiring an additional 591,968 shares in the last quarter.

Capital Group Growth ETF Stock Up 1.3 %

Shares of CGGR opened at $38.50 on Friday. The company has a 50 day moving average of $37.84 and a two-hundred day moving average of $35.24. Capital Group Growth ETF has a twelve month low of $28.00 and a twelve month high of $39.36. The company has a market cap of $6.55 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22.

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.