Moneywise Inc. Takes $5.02 Million Position in Capital Group Growth ETF $CGGR

Moneywise Inc. acquired a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 112,986 shares of the company’s stock, valued at approximately $5,024,000. Capital Group Growth ETF accounts for 2.1% of Moneywise Inc.’s investment portfolio, making the stock its 14th largest position.

Other institutional investors and hedge funds have also modified their holdings of the company. WESPAC Advisors LLC bought a new stake in shares of Capital Group Growth ETF during the third quarter valued at approximately $545,000. Founders Financial Alliance LLC increased its position in shares of Capital Group Growth ETF by 1,656.5% during the third quarter. Founders Financial Alliance LLC now owns 116,142 shares of the company’s stock valued at $5,101,000 after purchasing an additional 109,530 shares during the period. Genesis Private Wealth LLC increased its position in shares of Capital Group Growth ETF by 7.6% during the fourth quarter. Genesis Private Wealth LLC now owns 227,232 shares of the company’s stock valued at $10,105,000 after purchasing an additional 16,050 shares during the period. Valmark Advisers Inc. increased its position 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 valued at $38,830,000 after purchasing an additional 295,543 shares during the period. Finally, Adamsbrown Wealth Consultants LLC increased its position in shares of Capital Group Growth ETF by 1.3% during the third quarter. Adamsbrown Wealth Consultants LLC now owns 1,042,361 shares of the company’s stock valued at $45,781,000 after purchasing an additional 12,990 shares during the period.

Capital Group Growth ETF Trading Up 0.8%

CGGR opened at $46.33 on Thursday. The stock’s 50 day simple moving average is $42.82 and its 200-day simple moving average is $43.66. Capital Group Growth ETF has a 1 year low of $37.05 and a 1 year high of $46.49. The stock has a market cap of $23.03 billion, a PE ratio of 30.88 and a beta of 1.17.

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.