Kovack Advisors Inc. raised its position in Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 56.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 22,176 shares of the company’s stock after purchasing an additional 8,036 shares during the period. Kovack Advisors Inc.’s holdings in Capital Group Growth ETF were worth $824,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in CGGR. Cassady Schiller Wealth Management LLC acquired a new position in Capital Group Growth ETF in the 3rd quarter valued at about $25,000. Oakworth Capital Inc. purchased a new stake in shares of Capital Group Growth ETF during the fourth quarter worth about $33,000. Whipplewood Advisors LLC purchased a new stake in shares of Capital Group Growth ETF during the fourth quarter worth about $33,000. Archer Investment Corp raised its position in shares of 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 buying an additional 1,071 shares during the last quarter. Finally, WFA of San Diego LLC purchased a new position in shares of Capital Group Growth ETF during the third quarter valued at approximately $70,000.
Capital Group Growth ETF Stock Performance
Shares of CGGR opened at $36.64 on Friday. Capital Group Growth ETF has a fifty-two week low of $29.70 and a fifty-two week high of $39.96. The company has a market capitalization of $6.24 billion, a PE ratio of 28.99 and a beta of 1.22. The stock has a fifty day moving average of $38.53 and a two-hundred day moving average of $36.49.
Capital Group Growth ETF Profile
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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