Wealthcare Capital Partners LLC Invests $258,000 in Capital Group Growth ETF (NYSEARCA:CGGR)

Wealthcare Capital Partners LLC bought a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the first quarter, Holdings Channel.com reports. The fund bought 7,526 shares of the company’s stock, valued at approximately $258,000.

A number of other institutional investors also recently modified their holdings of CGGR. Quadrant Capital Group LLC purchased a new position in Capital Group Growth ETF during the 4th quarter worth $25,000. Whipplewood Advisors LLC purchased a new stake in shares of Capital Group Growth ETF in the fourth quarter valued at about $33,000. Capital A Wealth Management LLC bought a new position in shares of Capital Group Growth ETF during the fourth quarter valued at about $34,000. Larson Financial Group LLC purchased a new position in Capital Group Growth ETF during the fourth quarter worth about $38,000. Finally, Archer Investment Corp boosted its holdings in Capital Group Growth ETF by 430.1% during the fourth quarter. Archer Investment Corp now owns 1,320 shares of the company’s stock worth $49,000 after purchasing an additional 1,071 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $38.95 on Friday. The company has a market capitalization of $12.50 billion, a price-to-earnings ratio of 30.36 and a beta of 1.18. Capital Group Growth ETF has a 52-week low of $29.23 and a 52-week high of $39.96. The company has a 50-day simple moving average of $35.42 and a two-hundred day simple moving average of $36.87.

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.