KWB Wealth lifted its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 37.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 243,471 shares of the company’s stock after acquiring an additional 65,889 shares during the quarter. KWB Wealth’s holdings in Capital Group Growth ETF were worth $11,548,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in CGGR. Parkside Financial Bank & Trust bought a new position in Capital Group Growth ETF in the second quarter valued at about $33,000. Trust Co. of Vermont acquired a new position in Capital Group Growth ETF during the 2nd quarter valued at about $60,000. Beacon Financial Strategies CORP acquired a new position in Capital Group Growth ETF during the 2nd quarter valued at about $80,000. Lavaca Capital LLC bought a new position in shares of Capital Group Growth ETF in the 1st quarter valued at about $88,000. Finally, Strategic Wealth Advisors LLC bought a new position in shares of Capital Group Growth ETF in the 1st quarter valued at about $164,000.
Capital Group Growth ETF Trading Down 2.2%
Shares of NYSEARCA:CGGR traded down $1.03 during trading on Friday, hitting $46.65. 3,794,967 shares of the company’s stock were exchanged, compared to its average volume of 3,066,973. Capital Group Growth ETF has a 1-year low of $38.55 and a 1-year high of $48.69. The firm has a 50-day moving average price of $47.26 and a two-hundred day moving average price of $45.98. The firm has a market cap of $25.82 billion, a P/E ratio of 30.88 and a beta of 1.18.
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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