Capital Group Growth ETF (NYSEARCA:CGGR) Shares Acquired by Magnus Financial Group LLC

Magnus Financial Group LLC boosted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 5.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 85,680 shares of the company’s stock after purchasing an additional 4,519 shares during the quarter. Magnus Financial Group LLC owned approximately 0.05% of Capital Group Growth ETF worth $3,185,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CGGR. Cassady Schiller Wealth Management LLC bought a new stake in Capital Group Growth ETF during the 3rd quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC bought a new stake in Capital Group Growth ETF during the 3rd quarter valued at $35,000. Hershey Financial Advisers LLC bought a new stake in shares of Capital Group Growth ETF in the 2nd quarter worth $58,000. WFA of San Diego LLC bought a new stake in shares of Capital Group Growth ETF in the 3rd quarter worth $70,000. Finally, Harbor Investment Advisory LLC bought a new stake in shares of Capital Group Growth ETF in the 4th quarter worth $80,000.

Capital Group Growth ETF Stock Performance

CGGR opened at $39.37 on Wednesday. Capital Group Growth ETF has a one year low of $28.58 and a one year high of $39.48. The stock’s fifty day moving average is $37.88 and its 200-day moving average is $35.32. The company has a market capitalization of $6.70 billion, a PE ratio of 28.99 and a beta of 1.22.

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.