Independent Advisor Alliance purchased a new stake in Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,232,205 shares of the company’s stock, valued at approximately $45,801,000. Independent Advisor Alliance owned 0.72% of Capital Group Growth ETF at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in CGGR. Cassady Schiller Wealth Management LLC bought a new stake in shares of Capital Group Growth ETF during the 3rd quarter valued at $25,000. Oakworth Capital Inc. bought a new stake in shares of Capital Group Growth ETF during the 4th quarter valued at $33,000. Whipplewood Advisors LLC bought a new stake in shares of Capital Group Growth ETF during the 4th quarter valued at $33,000. Larson Financial Group LLC bought a new stake in shares of Capital Group Growth ETF during the 4th quarter valued at $38,000. Finally, Archer Investment Corp raised its holdings in shares of Capital Group Growth ETF by 430.1% during the 4th quarter. Archer Investment Corp now owns 1,320 shares of the company’s stock worth $49,000 after buying an additional 1,071 shares in the last quarter.
Capital Group Growth ETF Stock Performance
Capital Group Growth ETF stock opened at $35.50 on Monday. Capital Group Growth ETF has a 52 week low of $29.70 and a 52 week high of $39.96. The stock has a market capitalization of $10.03 billion, a P/E ratio of 29.74 and a beta of 1.16. The stock has a fifty day moving average of $38.29 and a 200-day moving average of $36.67.
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.
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