Oakworth Capital Inc. Purchases Shares of 875 Capital Group Growth ETF (NYSEARCA:CGGR)

Oakworth Capital Inc. acquired a new position in Capital Group Growth ETF (NYSEARCA:CGGR) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 875 shares of the company’s stock, valued at approximately $33,000.

Several other institutional investors and hedge funds have also recently modified their holdings of CGGR. LPL Financial LLC increased its stake 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 worth $432,724,000 after buying an additional 2,456,913 shares in the last quarter. Summit Investment Advisory Services LLC purchased a new stake in shares of Capital Group Growth ETF during the third quarter worth about $27,099,000. Signature Estate & Investment Advisors LLC raised its stake in Capital Group Growth ETF by 24.7% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 2,957,191 shares of the company’s stock valued at $102,881,000 after purchasing an additional 586,545 shares during the period. Alpha Financial Advisors LLC bought a new stake in Capital Group Growth ETF during the 4th quarter valued at approximately $20,431,000. Finally, Raymond James & Associates boosted its stake in 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 purchasing an additional 517,412 shares during the period.

Capital Group Growth ETF Price Performance

Shares of CGGR opened at $39.58 on Friday. The firm has a market cap of $6.74 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 1 year low of $29.51 and a 1 year high of $39.95. The company has a 50 day simple moving average of $38.39 and a two-hundred day simple moving average of $35.78.

Capital Group Growth ETF 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.