Moloney Securities Asset Management LLC Grows Stock Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Moloney Securities Asset Management LLC boosted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 29.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,533 shares of the company’s stock after purchasing an additional 7,783 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Capital Group Growth ETF were worth $1,284,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Cassady Schiller Wealth Management LLC purchased a new stake in Capital Group Growth ETF during the 3rd quarter worth about $25,000. Oakworth Capital Inc. acquired a new position in Capital Group Growth ETF in the fourth quarter valued at approximately $33,000. Archer Investment Corp boosted its holdings in Capital Group Growth ETF by 430.1% in the fourth quarter. Archer Investment Corp now owns 1,320 shares of the company’s stock valued at $49,000 after purchasing an additional 1,071 shares in the last quarter. WFA of San Diego LLC purchased a new position in Capital Group Growth ETF in the third quarter valued at approximately $70,000. Finally, Harbor Investment Advisory LLC acquired a new stake in Capital Group Growth ETF during the fourth quarter worth approximately $80,000.

Capital Group Growth ETF Trading Down 0.7 %

Shares of Capital Group Growth ETF stock opened at $39.32 on Monday. The company has a fifty day simple moving average of $38.42 and a 200-day simple moving average of $35.86. The stock has a market cap of $6.69 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 12-month low of $29.51 and a 12-month high of $39.95.

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.