WNY Asset Management LLC Buys Shares of 1,804,970 Capital Group Growth ETF $CGGR

WNY Asset Management LLC bought a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,804,970 shares of the company’s stock, valued at approximately $72,542,000. Capital Group Growth ETF makes up about 7.5% of WNY Asset Management LLC’s portfolio, making the stock its 2nd biggest position. WNY Asset Management LLC owned approximately 0.36% of Capital Group Growth ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Triumph Capital Management purchased a new stake in shares of Capital Group Growth ETF during the 3rd quarter worth $29,000. Mark Sheptoff Financial Planning LLC grew its stake in Capital Group Growth ETF by 88.7% in the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock valued at $47,000 after purchasing an additional 500 shares during the last quarter. Avion Wealth purchased a new position in Capital Group Growth ETF in the fourth quarter valued at about $68,000. Godfrey Financial Associates Inc. purchased a new position in Capital Group Growth ETF in the fourth quarter valued at about $78,000. Finally, WFA of San Diego LLC bought a new position in Capital Group Growth ETF in the second quarter worth about $81,000.

Capital Group Growth ETF Stock Performance

CGGR stock opened at $44.85 on Friday. The firm has a market cap of $23.82 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The firm has a 50-day simple moving average of $46.18 and a two-hundred day simple moving average of $44.41. Capital Group Growth ETF has a one year low of $38.55 and a one year high of $48.02.

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.