Park Avenue Securities LLC Purchases 1,888 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Park Avenue Securities LLC increased its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 9.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,793 shares of the company’s stock after purchasing an additional 1,888 shares during the period. Park Avenue Securities LLC’s holdings in Capital Group Growth ETF were worth $746,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CGGR. O Shaughnessy Asset Management LLC bought a new stake in shares of Capital Group Growth ETF during the 4th quarter valued at $208,000. Ameriprise Financial Inc. purchased a new stake in Capital Group Growth ETF in the fourth quarter worth about $1,943,000. Ashton Thomas Securities LLC lifted its holdings in shares of Capital Group Growth ETF by 570.8% during the fourth quarter. Ashton Thomas Securities LLC now owns 18,354 shares of the company’s stock valued at $682,000 after purchasing an additional 15,618 shares during the last quarter. 5T Wealth LLC purchased a new position in shares of Capital Group Growth ETF during the fourth quarter valued at approximately $5,472,000. Finally, Bank of Montreal Can bought a new stake in shares of Capital Group Growth ETF in the 4th quarter worth approximately $562,000.

Capital Group Growth ETF Stock Down 1.1%

Capital Group Growth ETF stock opened at $38.75 on Friday. Capital Group Growth ETF has a twelve month low of $29.23 and a twelve month high of $39.96. The company has a market capitalization of $12.43 billion, a P/E ratio of 30.36 and a beta of 1.18. The stock’s 50 day moving average is $36.13 and its 200 day moving average is $36.93.

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.