Whipplewood Advisors LLC Makes New Investment in Capital Group Growth ETF (NYSEARCA:CGGR)

Whipplewood Advisors LLC bought a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 896 shares of the company’s stock, valued at approximately $33,000.

Several other hedge funds also recently modified their holdings of CGGR. LPL Financial LLC raised its position in Capital Group Growth ETF by 24.6% in the 3rd quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock valued at $432,724,000 after buying an additional 2,456,913 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its stake in shares of 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 acquiring an additional 586,545 shares in the last quarter. MML Investors Services LLC raised its holdings in shares of Capital Group Growth ETF by 20.5% in the third quarter. MML Investors Services LLC now owns 2,688,825 shares of the company’s stock valued at $93,544,000 after purchasing an additional 456,991 shares during the last quarter. Financial Security Advisor Inc. lifted its position in shares of Capital Group Growth ETF by 1.5% during the third quarter. Financial Security Advisor Inc. now owns 2,095,736 shares of the company’s stock valued at $72,911,000 after purchasing an additional 31,544 shares in the last quarter. Finally, Kestra Investment Management LLC lifted its position in shares of Capital Group Growth ETF by 3.5% during the fourth quarter. Kestra Investment Management LLC now owns 1,138,267 shares of the company’s stock valued at $42,309,000 after purchasing an additional 38,774 shares in the last quarter.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $37.26 on Friday. The company has a market capitalization of $10.52 billion, a price-to-earnings ratio of 29.74 and a beta of 1.16. Capital Group Growth ETF has a 52-week low of $29.70 and a 52-week high of $39.96. The company has a 50-day simple moving average of $38.52 and a two-hundred day simple moving average of $36.55.

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.