Koshinski Asset Management Inc. Raises Stock Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Koshinski Asset Management Inc. lifted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 9.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 100,653 shares of the company’s stock after acquiring an additional 8,308 shares during the period. Koshinski Asset Management Inc. owned 0.06% of Capital Group Growth ETF worth $3,502,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CGGR. Cim LLC purchased a new stake in Capital Group Growth ETF in the 4th quarter worth approximately $289,000. Transcendent Capital Group LLC acquired a new position in Capital Group Growth ETF in the fourth quarter valued at $33,000. ICA Group Wealth Management LLC purchased a new position in Capital Group Growth ETF during the fourth quarter worth about $279,000. PNC Financial Services Group Inc. acquired a new stake in Capital Group Growth ETF in the 4th quarter worth about $101,000. Finally, ST Germain D J Co. Inc. grew its holdings in Capital Group Growth ETF by 0.7% in the 1st quarter. ST Germain D J Co. Inc. now owns 75,746 shares of the company’s stock valued at $2,423,000 after buying an additional 548 shares during the period.

Capital Group Growth ETF Price Performance

NYSEARCA:CGGR traded up $0.22 during trading hours on Friday, reaching $35.44. 1,285,878 shares of the company were exchanged, compared to its average volume of 1,186,219. The firm has a market cap of $6.03 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. The stock has a 50 day simple moving average of $33.50 and a 200 day simple moving average of $32.60. Capital Group Growth ETF has a 52-week low of $23.34 and a 52-week high of $35.47.

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.