Glassy Mountain Advisors Inc. purchased a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 12,235 shares of the company’s stock, valued at approximately $544,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Atlantic Union Bankshares Corp acquired a new stake in Capital Group Growth ETF during the third quarter worth $25,000. New Millennium Group LLC bought a new stake in Capital Group Growth ETF in the 3rd quarter valued at $25,000. Triumph Capital Management bought a new stake in Capital Group Growth ETF in the 3rd quarter valued at $29,000. Fifth Third Bancorp increased its holdings in Capital Group Growth ETF by 285.9% in the 3rd quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock valued at $30,000 after buying an additional 506 shares during the period. Finally, Whipplewood Advisors LLC increased its holdings in Capital Group Growth ETF by 32.5% in the 3rd quarter. Whipplewood Advisors LLC now owns 1,065 shares of the company’s stock valued at $47,000 after buying an additional 261 shares during the period.
Capital Group Growth ETF Price Performance
Shares of Capital Group Growth ETF stock opened at $47.27 on Thursday. The firm has a market capitalization of $23.50 billion, a PE ratio of 30.88 and a beta of 1.17. The company’s fifty day moving average price is $44.17 and its two-hundred day moving average price is $43.88. Capital Group Growth ETF has a 52-week low of $38.37 and a 52-week high of $48.02.
About Capital Group Growth ETF
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.
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Want to see what other hedge funds are holding CGGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Growth ETF (NYSEARCA:CGGR – Free Report).
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