Great Valley Advisor Group Inc. Purchases New Stake in Capital Group Growth ETF (NYSEARCA:CGGR)

Great Valley Advisor Group Inc. purchased a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,724 shares of the company’s stock, valued at approximately $287,000.

A number of other large investors have also added to or reduced their stakes in CGGR. Northwest Capital Management Inc bought a new position in Capital Group Growth ETF during the 4th quarter worth $32,000. Tennessee Valley Asset Management Partners bought a new position in Capital Group Growth ETF during the 4th quarter worth $33,000. Transcendent Capital Group LLC bought a new position in Capital Group Growth ETF during the 4th quarter worth $33,000. GAMMA Investing LLC bought a new position in Capital Group Growth ETF during the 2nd quarter worth $38,000. Finally, Whittier Trust Co. of Nevada Inc. increased its position in Capital Group Growth ETF by 146.5% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,282 shares of the company’s stock worth $41,000 after buying an additional 762 shares during the period.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA CGGR opened at $32.63 on Thursday. Capital Group Growth ETF has a 52 week low of $23.34 and a 52 week high of $34.10. The stock has a market capitalization of $5.55 billion, a P/E ratio of 28.99 and a beta of 1.22. The stock’s fifty day moving average is $32.74 and its 200 day moving average is $31.69.

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.