Capital Group Growth ETF (NYSEARCA:CGGR) Position Raised by Capital Management Associates Inc

Capital Management Associates Inc raised its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 42.3% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 20,284 shares of the company’s stock after buying an additional 6,033 shares during the quarter. Capital Management Associates Inc’s holdings in Capital Group Growth ETF were worth $706,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in CGGR. PNC Financial Services Group Inc. bought a new stake in shares of Capital Group Growth ETF during the fourth quarter valued at about $101,000. Park Avenue Securities LLC boosted its holdings in shares of Capital Group Growth ETF by 17.8% in the first quarter. Park Avenue Securities LLC now owns 11,704 shares of the company’s stock valued at $374,000 after acquiring an additional 1,768 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of Capital Group Growth ETF by 5.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 703,358 shares of the company’s stock valued at $22,500,000 after acquiring an additional 38,969 shares during the period. Founders Financial Securities LLC raised its holdings in Capital Group Growth ETF by 31.8% during the first quarter. Founders Financial Securities LLC now owns 79,428 shares of the company’s stock worth $2,541,000 after purchasing an additional 19,150 shares in the last quarter. Finally, Trilogy Capital Inc. bought a new stake in Capital Group Growth ETF during the first quarter worth approximately $335,000.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $35.45 on Friday. Capital Group Growth ETF has a 1 year low of $23.34 and a 1 year high of $35.77. The stock has a market cap of $6.03 billion, a PE ratio of 28.99 and a beta of 1.22. The business’s fifty day moving average is $34.18 and its 200-day moving average is $32.84.

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.