Capital Group Growth ETF (NYSEARCA:CGGR – Get Free Report)’s share price passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $45.26 and traded as low as $44.07. Capital Group Growth ETF shares last traded at $44.30, with a volume of 7,395,066 shares changing hands.
Capital Group Growth ETF Trading Up 1.1%
The company has a market cap of $24.87 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18. The stock has a 50-day simple moving average of $47.01 and a 200-day simple moving average of $45.27.
Institutional Investors Weigh In On Capital Group Growth ETF
Several institutional investors have recently bought and sold shares of the stock. Canandaigua National Trust Co of Florida bought a new position in shares of Capital Group Growth ETF in the third quarter valued at approximately $1,470,000. Stonebridge Financial Group LLC raised its holdings in Capital Group Growth ETF by 5.9% during the third quarter. Stonebridge Financial Group LLC now owns 469,504 shares of the company’s stock worth $22,269,000 after purchasing an additional 26,343 shares in the last quarter. Private Client Services LLC bought a new stake in Capital Group Growth ETF during the second quarter worth approximately $1,297,000. DAVENPORT & Co LLC raised its holdings in Capital Group Growth ETF by 18.8% during the second quarter. DAVENPORT & Co LLC now owns 600,338 shares of the company’s stock worth $28,336,000 after purchasing an additional 94,900 shares in the last quarter. Finally, HB Wealth Management LLC acquired a new stake in Capital Group Growth ETF in the second quarter worth approximately $909,000.
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.
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