Cullen Frost Bankers Inc. Has $1.55 Million Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Cullen Frost Bankers Inc. boosted its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 30.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,749 shares of the company’s stock after purchasing an additional 9,684 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Capital Group Growth ETF were worth $1,552,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in CGGR. Northwest Financial Advisors lifted its position in shares of Capital Group Growth ETF by 1.9% during the 4th quarter. Northwest Financial Advisors now owns 14,892 shares of the company’s stock valued at $554,000 after acquiring an additional 280 shares during the period. Professional Financial Advisors LLC lifted its position in shares of Capital Group Growth ETF by 1.0% during the 4th quarter. Professional Financial Advisors LLC now owns 31,361 shares of the company’s stock valued at $1,166,000 after acquiring an additional 304 shares during the period. Stephens Inc. AR lifted its position in shares of Capital Group Growth ETF by 1.6% during the 4th quarter. Stephens Inc. AR now owns 19,138 shares of the company’s stock valued at $711,000 after acquiring an additional 310 shares during the period. Meridian Wealth Management LLC lifted its position in shares of Capital Group Growth ETF by 0.5% during the 4th quarter. Meridian Wealth Management LLC now owns 72,699 shares of the company’s stock valued at $2,702,000 after acquiring an additional 332 shares during the period. Finally, Signet Financial Management LLC lifted its position in shares of Capital Group Growth ETF by 0.3% during the 4th quarter. Signet Financial Management LLC now owns 117,769 shares of the company’s stock valued at $4,377,000 after acquiring an additional 382 shares during the period.

Capital Group Growth ETF Stock Performance

NYSEARCA:CGGR opened at $35.50 on Friday. The stock has a fifty day moving average price of $38.34 and a 200-day moving average price of $36.61. The company has a market cap of $10.03 billion, a price-to-earnings ratio of 29.74 and a beta of 1.16. Capital Group Growth ETF has a fifty-two week low of $29.70 and a fifty-two week high of $39.96.

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.