D.A. Davidson & CO. Raises Position in Capital Group Growth ETF (NYSEARCA:CGGR)

D.A. Davidson & CO. grew its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 56.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 350,392 shares of the company’s stock after buying an additional 125,976 shares during the period. D.A. Davidson & CO.’s holdings in Capital Group Growth ETF were worth $13,024,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of CGGR. Cassady Schiller Wealth Management LLC purchased a new position in Capital Group Growth ETF in the third quarter worth about $25,000. Oakworth Capital Inc. purchased a new position in shares of Capital Group Growth ETF during the fourth quarter valued at approximately $33,000. Archer Investment Corp raised its holdings in shares of Capital Group Growth ETF by 430.1% during the fourth quarter. Archer Investment Corp now owns 1,320 shares of the company’s stock valued at $49,000 after purchasing an additional 1,071 shares during the last quarter. WFA of San Diego LLC purchased a new position in shares of Capital Group Growth ETF during the third quarter valued at approximately $70,000. Finally, Harbor Investment Advisory LLC purchased a new position in shares of Capital Group Growth ETF during the fourth quarter valued at approximately $80,000.

Capital Group Growth ETF Stock Down 0.3 %

CGGR opened at $39.74 on Wednesday. The firm has a 50 day moving average price of $38.59 and a 200-day moving average price of $36.23. Capital Group Growth ETF has a twelve month low of $29.70 and a twelve month high of $39.96. The stock has a market capitalization of $6.76 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22.

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.