MML Investors Services LLC Purchases 305,755 Shares of Capital Group Growth ETF $CGGR

MML Investors Services LLC raised its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 9.2% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 3,643,866 shares of the company’s stock after acquiring an additional 305,755 shares during the period. MML Investors Services LLC’s holdings in Capital Group Growth ETF were worth $162,043,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. Morgan Stanley raised its stake in shares of Capital Group Growth ETF by 94.6% during the 4th quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock worth $1,195,293,000 after purchasing an additional 13,065,920 shares in the last quarter. LPL Financial LLC raised its stake in shares of Capital Group Growth ETF by 17.7% during the 4th quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock worth $2,019,429,000 after purchasing an additional 6,814,693 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of Capital Group Growth ETF by 31.7% during the 3rd quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock worth $489,487,000 after purchasing an additional 2,680,056 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of Capital Group Growth ETF by 26.2% during the 4th quarter. Wells Fargo & Company MN now owns 12,423,660 shares of the company’s stock worth $552,480,000 after purchasing an additional 2,580,345 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Capital Group Growth ETF by 11.5% during the 3rd quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock worth $562,219,000 after purchasing an additional 1,322,744 shares in the last quarter.

Capital Group Growth ETF Price Performance

Shares of Capital Group Growth ETF stock opened at $45.82 on Monday. Capital Group Growth ETF has a 12-month low of $38.49 and a 12-month high of $48.02. The stock has a market cap of $22.78 billion, a P/E ratio of 30.88 and a beta of 1.17. The business’s 50 day moving average is $44.97 and its 200-day moving average is $44.04.

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.