549,667 Shares in Capital Group Growth ETF (NYSEARCA:CGGR) Purchased by Alpha Financial Advisors LLC

Alpha Financial Advisors LLC acquired a new position in Capital Group Growth ETF (NYSEARCA:CGGR) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 549,667 shares of the company’s stock, valued at approximately $20,431,000. Capital Group Growth ETF accounts for about 9.2% of Alpha Financial Advisors LLC’s portfolio, making the stock its 5th largest position. Alpha Financial Advisors LLC owned 0.32% of Capital Group Growth ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Park Avenue Securities LLC lifted its stake in Capital Group Growth ETF by 15.1% in the fourth quarter. Park Avenue Securities LLC now owns 19,905 shares of the company’s stock valued at $740,000 after purchasing an additional 2,610 shares during the last quarter. McNamara Financial Services Inc. lifted its position in shares of Capital Group Growth ETF by 44.5% during the 3rd quarter. McNamara Financial Services Inc. now owns 10,414 shares of the company’s stock valued at $362,000 after buying an additional 3,209 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Capital Group Growth ETF by 17.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 484,569 shares of the company’s stock worth $16,858,000 after acquiring an additional 73,399 shares during the period. Creative Planning increased its holdings in Capital Group Growth ETF by 12.9% in the 3rd quarter. Creative Planning now owns 24,676 shares of the company’s stock worth $858,000 after acquiring an additional 2,818 shares during the last quarter. Finally, Stephens Inc. AR bought a new stake in Capital Group Growth ETF in the 3rd quarter valued at about $655,000.

Capital Group Growth ETF Stock Down 0.3 %

Shares of NYSEARCA:CGGR opened at $39.50 on Friday. The firm has a market capitalization of $6.72 billion, a PE ratio of 28.99 and a beta of 1.22. The company has a 50-day moving average price of $38.04 and a two-hundred day moving average price of $35.43. Capital Group Growth ETF has a twelve month low of $28.78 and a twelve month high of $39.71.

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.