ST Germain D J Co. Inc. Boosts Stake in Capital Group Growth ETF (NYSEARCA:CGGR)

ST Germain D J Co. Inc. raised its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 10.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 121,897 shares of the company’s stock after purchasing an additional 11,146 shares during the period. ST Germain D J Co. Inc. owned about 0.07% of Capital Group Growth ETF worth $4,531,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in CGGR. Cornerstone Wealth Management LLC increased its position in shares of Capital Group Growth ETF by 0.9% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 32,782 shares of the company’s stock worth $1,140,000 after purchasing an additional 301 shares during the last quarter. CreativeOne Wealth LLC grew its stake in Capital Group Growth ETF by 7.1% in the third quarter. CreativeOne Wealth LLC now owns 6,889 shares of the company’s stock worth $240,000 after purchasing an additional 458 shares in the last quarter. Bill Few Associates Inc. increased its holdings in Capital Group Growth ETF by 2.6% in the third quarter. Bill Few Associates Inc. now owns 18,365 shares of the company’s stock valued at $639,000 after buying an additional 470 shares during the last quarter. Summit Global Investments raised its stake in Capital Group Growth ETF by 3.3% during the third quarter. Summit Global Investments now owns 14,743 shares of the company’s stock valued at $513,000 after buying an additional 470 shares in the last quarter. Finally, NavPoint Financial Inc. raised its stake in Capital Group Growth ETF by 1.9% during the third quarter. NavPoint Financial Inc. now owns 31,344 shares of the company’s stock valued at $1,090,000 after buying an additional 592 shares in the last quarter.

Capital Group Growth ETF Stock Down 1.3 %

Shares of CGGR traded down $0.51 during mid-day trading on Friday, hitting $37.28. The stock had a trading volume of 978,975 shares, compared to its average volume of 1,909,123. Capital Group Growth ETF has a fifty-two week low of $27.77 and a fifty-two week high of $39.36. The company has a market cap of $6.35 billion, a PE ratio of 28.99 and a beta of 1.22. The company’s fifty day simple moving average is $37.62 and its two-hundred day simple moving average is $35.03.

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.