Farther Finance Advisors LLC Has $3.03 Million Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Farther Finance Advisors LLC boosted its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 9,958.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 81,470 shares of the company’s stock after purchasing an additional 80,660 shares during the period. Farther Finance Advisors LLC’s holdings in Capital Group Growth ETF were worth $3,028,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Northwest Financial Advisors boosted its holdings in Capital Group Growth ETF by 1.9% during the fourth quarter. Northwest Financial Advisors now owns 14,892 shares of the company’s stock valued at $554,000 after purchasing an additional 280 shares in the last quarter. Professional Financial Advisors LLC boosted its stake in Capital Group Growth ETF by 1.0% in the 4th quarter. Professional Financial Advisors LLC now owns 31,361 shares of the company’s stock valued at $1,166,000 after buying an additional 304 shares in the last quarter. Stephens Inc. AR boosted its stake in Capital Group Growth ETF by 1.6% in the 4th quarter. Stephens Inc. AR now owns 19,138 shares of the company’s stock valued at $711,000 after buying an additional 310 shares in the last quarter. Meridian Wealth Management LLC grew its position in Capital Group Growth ETF by 0.5% in the fourth 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 raised its stake in Capital Group Growth ETF by 0.3% during the fourth quarter. Signet Financial Management LLC now owns 117,769 shares of the company’s stock worth $4,377,000 after acquiring an additional 382 shares in the last quarter.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA:CGGR opened at $34.75 on Thursday. The company has a market capitalization of $9.81 billion, a PE ratio of 29.74 and a beta of 1.16. The company’s fifty day moving average is $38.11 and its 200-day moving average is $36.66. Capital Group Growth ETF has a 52 week low of $29.70 and a 52 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.