Marshall Wace LLP Acquires 84,079 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Marshall Wace LLP boosted its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 59.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 226,127 shares of the company’s stock after buying an additional 84,079 shares during the quarter. Marshall Wace LLP’s holdings in Capital Group Growth ETF were worth $8,405,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of CGGR. Virtu Financial LLC bought a new position in Capital Group Growth ETF in the third quarter valued at $566,000. Tudor Financial Inc. purchased a new position in shares of Capital Group Growth ETF in the 3rd quarter worth about $216,000. Anchor Investment Management LLC bought a new position in shares of Capital Group Growth ETF during the 3rd quarter valued at about $2,214,000. World Investment Advisors LLC raised its holdings in shares of Capital Group Growth ETF by 16.8% during the 3rd quarter. World Investment Advisors LLC now owns 63,562 shares of the company’s stock valued at $2,211,000 after buying an additional 9,158 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in Capital Group Growth ETF by 17.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 484,569 shares of the company’s stock worth $16,858,000 after buying an additional 73,399 shares during the last quarter.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA CGGR opened at $32.57 on Wednesday. The stock has a market capitalization of $9.45 billion, a P/E ratio of 27.00 and a beta of 1.17. Capital Group Growth ETF has a one year low of $29.23 and a one year high of $39.96. The firm’s 50 day simple moving average is $34.97 and its two-hundred day simple moving average is $36.62.

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.