CGN Advisors LLC Acquires 588 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

CGN Advisors LLC increased its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 3.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,134 shares of the company’s stock after buying an additional 588 shares during the quarter. CGN Advisors LLC’s holdings in Capital Group Growth ETF were worth $587,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of CGGR. Raymond James Financial Inc. bought a new position in shares of Capital Group Growth ETF during the fourth quarter worth about $257,888,000. LPL Financial LLC grew its holdings in shares of Capital Group Growth ETF by 34.9% during the fourth quarter. LPL Financial LLC now owns 16,775,326 shares of the company’s stock worth $623,539,000 after buying an additional 4,337,156 shares in the last quarter. Leigh Baldwin & CO. LLC bought a new position in shares of Capital Group Growth ETF during the fourth quarter worth about $63,610,000. WNY Asset Management LLC grew its holdings in shares of Capital Group Growth ETF by 2,003.1% during the fourth quarter. WNY Asset Management LLC now owns 1,613,840 shares of the company’s stock worth $59,986,000 after buying an additional 1,537,104 shares in the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of Capital Group Growth ETF by 25.4% during the fourth quarter. Wells Fargo & Company MN now owns 6,763,699 shares of the company’s stock worth $251,407,000 after buying an additional 1,368,362 shares in the last quarter.

Capital Group Growth ETF Stock Performance

NYSEARCA:CGGR opened at $38.66 on Wednesday. The company has a market cap of $12.09 billion, a PE ratio of 29.42 and a beta of 1.16. Capital Group Growth ETF has a 52-week low of $29.23 and a 52-week high of $39.96. The stock has a 50-day simple moving average of $35.16 and a 200 day simple moving average of $36.83.

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.