Birchwood Financial Partners Inc. Invests $1.21 Million in Capital Group Growth ETF $CGGR

Birchwood Financial Partners Inc. bought a new position in Capital Group Growth ETF (NYSEARCA:CGGR) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 27,271 shares of the company’s stock, valued at approximately $1,213,000. Capital Group Growth ETF makes up 1.2% of Birchwood Financial Partners Inc.’s portfolio, making the stock its 23rd largest holding.

A number of other institutional investors have also added to or reduced their stakes in CGGR. Gemmer Asset Management LLC raised its position in Capital Group Growth ETF by 0.5% during the fourth quarter. Gemmer Asset Management LLC now owns 49,552 shares of the company’s stock valued at $2,204,000 after purchasing an additional 248 shares in the last quarter. Vermillion & White Wealth Management Group LLC boosted its holdings in shares of Capital Group Growth ETF by 7.8% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 4,417 shares of the company’s stock worth $196,000 after purchasing an additional 321 shares in the last quarter. Keystone Financial Services LLC boosted its holdings in shares of Capital Group Growth ETF by 2.1% in the 4th quarter. Keystone Financial Services LLC now owns 16,572 shares of the company’s stock worth $737,000 after purchasing an additional 336 shares in the last quarter. Cvfg LLC increased its position in shares of Capital Group Growth ETF by 4.4% during the 3rd quarter. Cvfg LLC now owns 8,064 shares of the company’s stock valued at $354,000 after purchasing an additional 339 shares during the last quarter. Finally, First Trust Advisors LP increased its position in shares of Capital Group Growth ETF by 6.7% during the 3rd quarter. First Trust Advisors LP now owns 5,527 shares of the company’s stock valued at $243,000 after purchasing an additional 349 shares during the last quarter.

Capital Group Growth ETF Trading Up 1.9%

Shares of NYSEARCA CGGR opened at $46.96 on Friday. The stock has a market cap of $23.34 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 1-year low of $38.49 and a 1-year high of $48.02. The stock’s 50-day moving average is $45.46 and its 200 day moving average is $44.12.

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.