NewEdge Advisors LLC raised its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 32.6% in the 2nd quarter, Holdings Channel.com reports. The firm owned 967,138 shares of the company’s stock after buying an additional 237,601 shares during the quarter. NewEdge Advisors LLC’s holdings in Capital Group Growth ETF were worth $31,809,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in CGGR. Fairscale Capital LLC bought a new position in shares of Capital Group Growth ETF in the 2nd quarter valued at about $39,000. GAMMA Investing LLC purchased a new position in shares of Capital Group Growth ETF in the 2nd quarter worth approximately $38,000. Transcendent Capital Group LLC bought a new position in shares of Capital Group Growth ETF during the 4th quarter valued at approximately $33,000. Whittier Trust Co. of Nevada Inc. raised its holdings in Capital Group Growth ETF by 146.5% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,282 shares of the company’s stock valued at $41,000 after buying an additional 762 shares during the period. Finally, Clear Investment Research LLC bought a new stake in Capital Group Growth ETF in the first quarter worth $47,000.
Capital Group Growth ETF Stock Down 0.2 %
CGGR stock opened at $34.68 on Friday. Capital Group Growth ETF has a twelve month low of $23.34 and a twelve month high of $35.04. The stock has a market capitalization of $5.90 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. The firm’s fifty day simple moving average is $33.01 and its two-hundred day simple moving average is $32.38.
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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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).
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