Capital Group Growth ETF (NYSEARCA:CGGR) is Barnes Pettey Financial Advisors LLC’s Largest Position

Barnes Pettey Financial Advisors LLC grew its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 0.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 733,878 shares of the company’s stock after buying an additional 6,900 shares during the quarter. Capital Group Growth ETF accounts for about 20.8% of Barnes Pettey Financial Advisors LLC’s investment portfolio, making the stock its biggest position. Barnes Pettey Financial Advisors LLC owned 0.43% of Capital Group Growth ETF worth $27,278,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of CGGR. Cassady Schiller Wealth Management LLC acquired a new stake in Capital Group Growth ETF during the 3rd quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in Capital Group Growth ETF in the 3rd quarter valued at $35,000. WFA of San Diego LLC purchased a new stake in shares of Capital Group Growth ETF during the third quarter worth about $70,000. Harbor Investment Advisory LLC purchased a new stake in Capital Group Growth ETF during the 4th quarter worth approximately $80,000. Finally, Ashton Thomas Securities LLC acquired a new position in Capital Group Growth ETF in the 3rd quarter valued at $95,000.

Capital Group Growth ETF Stock Up 0.9 %

Shares of NYSEARCA:CGGR opened at $39.39 on Friday. The firm’s 50 day moving average price is $38.20 and its 200 day moving average price is $35.57. The stock has a market cap of $6.70 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a fifty-two week low of $28.78 and a fifty-two week high of $39.71.

Capital Group Growth ETF Company 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.