Modera Wealth Management LLC Buys 181,833 Shares of Capital Group Growth ETF $CGGR

Modera Wealth Management LLC purchased a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 181,833 shares of the company’s stock, valued at approximately $8,624,000.

Several other institutional investors and hedge funds have also recently modified their holdings of CGGR. Partners Wealth Management LLC acquired a new stake in Capital Group Growth ETF during the third quarter worth about $213,000. Founders Financial Securities LLC grew its stake in shares of Capital Group Growth ETF by 12.3% in the 3rd quarter. Founders Financial Securities LLC now owns 402,602 shares of the company’s stock valued at $19,095,000 after buying an additional 44,208 shares during the period. Blueprint Investment Partners LLC grew its stake in shares of Capital Group Growth ETF by 2.0% in the 3rd quarter. Blueprint Investment Partners LLC now owns 85,674 shares of the company’s stock valued at $4,064,000 after buying an additional 1,717 shares during the period. Blueprint Financial Advisors LLC grew its stake in shares of Capital Group Growth ETF by 2.0% in the 3rd quarter. Blueprint Financial Advisors LLC now owns 85,674 shares of the company’s stock valued at $4,064,000 after buying an additional 1,717 shares during the period. Finally, Armstrong Fleming & Moore Inc increased its holdings in shares of Capital Group Growth ETF by 13.6% during the 3rd quarter. Armstrong Fleming & Moore Inc now owns 56,811 shares of the company’s stock worth $2,695,000 after buying an additional 6,783 shares during the last quarter.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA CGGR opened at $45.64 on Friday. The company has a market capitalization of $25.36 billion, a P/E ratio of 30.88 and a beta of 1.18. The company has a 50 day simple moving average of $47.17 and a 200-day simple moving average of $45.25. Capital Group Growth ETF has a 1 year low of $38.55 and a 1 year high of $48.69.

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.