SG Americas Securities LLC Makes New $4.45 Million Investment in Capital Group Growth ETF $CGGR

SG Americas Securities LLC purchased a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) in the 1st quarter, Holdings Channel reports. The firm purchased 110,700 shares of the company’s stock, valued at approximately $4,449,000.

A number of other institutional investors and hedge funds also recently modified their holdings of CGGR. Gemmer Asset Management LLC lifted its holdings in shares of Capital Group Growth ETF by 0.5% during the 4th quarter. Gemmer Asset Management LLC now owns 49,552 shares of the company’s stock worth $2,204,000 after acquiring an additional 248 shares during the period. Vermillion & White Wealth Management Group LLC grew its holdings in Capital Group Growth ETF by 7.8% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 4,417 shares of the company’s stock valued at $196,000 after purchasing an additional 321 shares during the period. Keystone Financial Services LLC increased its position in Capital Group Growth ETF by 2.1% during the fourth quarter. Keystone Financial Services LLC now owns 16,572 shares of the company’s stock worth $737,000 after purchasing an additional 336 shares during the last quarter. First Trust Advisors LP increased its position in Capital Group Growth ETF by 6.7% during the third quarter. First Trust Advisors LP now owns 5,527 shares of the company’s stock worth $243,000 after purchasing an additional 349 shares during the last quarter. Finally, Hilltop Holdings Inc. increased its position in Capital Group Growth ETF by 6.2% during the fourth quarter. Hilltop Holdings Inc. now owns 5,956 shares of the company’s stock worth $265,000 after purchasing an additional 350 shares during the last quarter.

Capital Group Growth ETF Stock Up 2.2%

NYSEARCA:CGGR opened at $46.81 on Tuesday. The company has a market cap of $23.27 billion, a P/E ratio of 30.88 and a beta of 1.17. The firm’s 50 day moving average is $45.92 and its two-hundred day moving average is $44.21. Capital Group Growth ETF has a fifty-two week low of $38.55 and a fifty-two week high of $48.02.

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.