Trinity Wealth Management LLC Acquires 4,995 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Trinity Wealth Management LLC lifted its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 39.5% in the first quarter, HoldingsChannel.com reports. The fund owned 17,638 shares of the company’s stock after buying an additional 4,995 shares during the quarter. Trinity Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $604,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Quadrant Capital Group LLC bought a new position in shares of Capital Group Growth ETF in the fourth quarter worth about $25,000. Oakworth Capital Inc. purchased a new position in Capital Group Growth ETF during the 4th quarter valued at approximately $33,000. Whipplewood Advisors LLC purchased a new position in Capital Group Growth ETF during the 4th quarter valued at approximately $33,000. Capital A Wealth Management LLC purchased a new position in Capital Group Growth ETF during the 4th quarter valued at approximately $34,000. Finally, Larson Financial Group LLC purchased a new position in Capital Group Growth ETF during the 4th quarter valued at approximately $38,000.

Capital Group Growth ETF Price Performance

NYSEARCA CGGR opened at $38.83 on Thursday. The stock has a market capitalization of $12.15 billion, a PE ratio of 29.42 and a beta of 1.16. The business has a 50 day simple moving average of $35.25 and a two-hundred day simple moving average of $36.84. Capital Group Growth ETF has a 1-year low of $29.23 and a 1-year high of $39.96.

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.