ProCore Advisors LLC bought a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) in the fourth quarter, Holdings Channel.com reports. The firm bought 13,168 shares of the company’s stock, valued at approximately $586,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Melone Private Wealth LLC bought a new position in Capital Group Growth ETF during the third quarter worth about $637,000. WESPAC Advisors LLC bought a new position in Capital Group Growth ETF during the third quarter worth about $545,000. Ergawealth Advisors Inc. boosted its position in Capital Group Growth ETF by 5.1% during the third quarter. Ergawealth Advisors Inc. now owns 668,167 shares of the company’s stock worth $29,346,000 after purchasing an additional 32,438 shares during the period. DAVENPORT & Co LLC boosted its position in Capital Group Growth ETF by 16.7% during the third quarter. DAVENPORT & Co LLC now owns 443,697 shares of the company’s stock worth $19,487,000 after purchasing an additional 63,418 shares during the period. Finally, Founders Financial Alliance LLC boosted its position in Capital Group Growth ETF by 1,656.5% during the third quarter. Founders Financial Alliance LLC now owns 116,142 shares of the company’s stock worth $5,101,000 after purchasing an additional 109,530 shares during the period.
Capital Group Growth ETF Trading Up 0.1%
CGGR stock opened at $40.65 on Wednesday. The firm has a 50 day moving average of $42.29 and a 200-day moving average of $43.60. Capital Group Growth ETF has a 12 month low of $30.08 and a 12 month high of $45.83. The firm has a market capitalization of $19.74 billion, a P/E ratio of 30.88 and a beta of 1.18.
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.
Featured Articles
Want to see what other hedge funds are holding CGGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Growth ETF (NYSEARCA:CGGR – Free Report).
Receive News & Ratings for Capital Group Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
