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

NewEdge Advisors LLC lifted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 3.4% during the 1st quarter, HoldingsChannel reports. The fund owned 1,509,552 shares of the company’s stock after acquiring an additional 49,640 shares during the period. NewEdge Advisors LLC’s holdings in Capital Group Growth ETF were worth $60,669,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of CGGR. Valmark Advisers Inc. raised its stake in 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 purchasing an additional 295,543 shares during the period. Oxinas Partners LLC boosted its holdings in shares of Capital Group Growth ETF by 761.6% in the 4th quarter. Oxinas Partners LLC now owns 82,334 shares of the company’s stock valued at $3,661,000 after purchasing an additional 72,778 shares during the last quarter. Ergawealth Advisors Inc. increased its holdings in shares of Capital Group Growth ETF by 7.6% during the 4th quarter. Ergawealth Advisors Inc. now owns 718,735 shares of the company’s stock worth $31,962,000 after buying an additional 50,568 shares during the last quarter. CWM LLC increased its holdings in shares of Capital Group Growth ETF by 3.1% during the 4th quarter. CWM LLC now owns 2,255,337 shares of the company’s stock worth $100,295,000 after buying an additional 68,448 shares during the last quarter. Finally, Cornerstone Wealth Management LLC raised its position in shares of Capital Group Growth ETF by 69.9% in the 4th quarter. Cornerstone Wealth Management LLC now owns 62,020 shares of the company’s stock worth $2,758,000 after buying an additional 25,522 shares during the period.

Capital Group Growth ETF Trading Down 0.4%

Shares of CGGR opened at $46.56 on Friday. Capital Group Growth ETF has a twelve month low of $38.55 and a twelve month high of $48.02. The firm has a market capitalization of $25.05 billion, a P/E ratio of 30.88 and a beta of 1.18. The stock’s fifty day simple moving average is $46.14 and its 200 day simple moving average is $44.44.

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.