Summit Wealth Group LLC Co. Takes $926,000 Position in Capital Group Growth ETF $CGGR

Summit Wealth Group LLC Co. acquired a new stake in Capital Group Growth ETF (NYSEARCA:CGGRFree Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 20,824 shares of the company’s stock, valued at approximately $926,000.

Other hedge funds also recently modified their holdings of the company. Hazlett Burt & Watson Inc. grew its holdings in shares of Capital Group Growth ETF by 806.5% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock valued at $25,000 after acquiring an additional 500 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in shares of Capital Group Growth ETF in the 3rd quarter valued at about $25,000. New Millennium Group LLC bought a new position in shares of Capital Group Growth ETF in the 3rd quarter valued at about $25,000. Triumph Capital Management bought a new position in shares of Capital Group Growth ETF in the 3rd quarter valued at about $29,000. Finally, Fifth Third Bancorp grew its holdings in shares of Capital Group Growth ETF by 285.9% in the 3rd quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock valued at $30,000 after acquiring an additional 506 shares in the last quarter.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA CGGR opened at $45.95 on Wednesday. The stock has a market capitalization of $22.84 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The business has a 50-day moving average of $42.76 and a 200-day moving average of $43.65. Capital Group Growth ETF has a fifty-two week low of $37.05 and a fifty-two week high of $46.43.

Capital Group Growth ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Capital Group Growth ETF (NYSEARCA:CGGR)

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