Bedel Financial Consulting Inc. Acquires 8,181 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Bedel Financial Consulting Inc. lifted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 3.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 279,888 shares of the company’s stock after buying an additional 8,181 shares during the period. Capital Group Growth ETF makes up approximately 1.5% of Bedel Financial Consulting Inc.’s holdings, making the stock its 9th largest position. Bedel Financial Consulting Inc. owned approximately 0.16% of Capital Group Growth ETF worth $11,061,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. 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 valued at $432,724,000 after buying an additional 2,456,913 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Capital Group Growth ETF by 49.7% during the fourth quarter. Jones Financial Companies Lllp now owns 2,225,640 shares of the company’s stock worth $82,727,000 after acquiring an additional 739,257 shares during the period. Signature Estate & Investment Advisors LLC lifted its position in Capital Group Growth ETF by 24.7% in the third 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 acquired a new position in Capital Group Growth ETF during the 4th quarter worth approximately $20,431,000. Finally, MML Investors Services LLC raised its stake in shares of Capital Group Growth ETF by 20.5% during the 3rd quarter. MML Investors Services LLC now owns 2,688,825 shares of the company’s stock worth $93,544,000 after buying an additional 456,991 shares in the last quarter.

Capital Group Growth ETF Price Performance

Capital Group Growth ETF stock opened at $36.45 on Tuesday. The stock’s 50 day moving average price is $38.49 and its 200 day moving average price is $36.60. The company has a market cap of $10.29 billion, a PE ratio of 29.74 and a beta of 1.16. Capital Group Growth ETF has a 1-year low of $29.70 and a 1-year high of $39.96.

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.