Concurrent Investment Advisors LLC Has $4.42 Million Stock Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Concurrent Investment Advisors LLC increased its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 168.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 118,850 shares of the company’s stock after purchasing an additional 74,602 shares during the quarter. Concurrent Investment Advisors LLC owned approximately 0.07% of Capital Group Growth ETF worth $4,418,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Cassady Schiller Wealth Management LLC bought a new stake in Capital Group Growth ETF in the third quarter valued at approximately $25,000. Oakworth Capital Inc. bought a new stake in Capital Group Growth ETF in the 4th quarter valued at $33,000. Archer Investment Corp lifted its holdings in Capital Group Growth ETF by 430.1% during the 4th quarter. Archer Investment Corp now owns 1,320 shares of the company’s stock valued at $49,000 after purchasing an additional 1,071 shares during the last quarter. WFA of San Diego LLC bought a new position in Capital Group Growth ETF during the third quarter worth $70,000. Finally, Harbor Investment Advisory LLC acquired a new position in shares of Capital Group Growth ETF in the fourth quarter valued at $80,000.

Capital Group Growth ETF Stock Performance

Shares of CGGR opened at $39.26 on Friday. The firm’s 50-day simple moving average is $38.62 and its 200 day simple moving average is $36.27. The firm has a market cap of $6.68 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 52 week low of $29.70 and a 52 week high of $39.96.

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.