Capital Group Growth ETF $CGGR Shares Purchased by NewEdge Advisors LLC

NewEdge Advisors LLC grew its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 3.4% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,509,552 shares of the company’s stock after buying an additional 49,640 shares during the period. NewEdge Advisors LLC owned 0.30% of Capital Group Growth ETF worth $60,669,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Valmark Advisers Inc. grew its holdings in shares of Capital Group Growth ETF by 51.2% during the fourth quarter. Valmark Advisers Inc. now owns 873,172 shares of the company’s stock worth $38,830,000 after buying an additional 295,543 shares in the last quarter. Oxinas Partners LLC lifted its stake in shares of Capital Group Growth ETF by 761.6% during the fourth quarter. Oxinas Partners LLC now owns 82,334 shares of the company’s stock valued at $3,661,000 after buying an additional 72,778 shares during the period. Ergawealth Advisors Inc. lifted its stake in shares of Capital Group Growth ETF by 7.6% during the fourth quarter. Ergawealth Advisors Inc. now owns 718,735 shares of the company’s stock valued at $31,962,000 after buying an additional 50,568 shares during the period. CWM LLC boosted its position in Capital Group Growth ETF by 3.1% during the fourth quarter. CWM LLC now owns 2,255,337 shares of the company’s stock worth $100,295,000 after acquiring an additional 68,448 shares during the last quarter. Finally, Cornerstone Wealth Management LLC boosted its position in Capital Group Growth ETF by 69.9% during the fourth quarter. Cornerstone Wealth Management LLC now owns 62,020 shares of the company’s stock worth $2,758,000 after acquiring an additional 25,522 shares during the last quarter.

Capital Group Growth ETF Stock Performance

CGGR stock opened at $46.56 on Friday. The stock has a market capitalization of $25.05 billion, a P/E ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a one year low of $38.55 and a one year high of $48.02. The company has a 50 day moving average price of $46.14 and a two-hundred day moving average price of $44.44.

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.