Sun Financial Inc Invests $1.07 Million in Capital Group Growth ETF $CGGR

Sun Financial Inc bought a new position in Capital Group Growth ETF (NYSEARCA:CGGR) during the 4th quarter, HoldingsChannel.com reports. The fund bought 24,098 shares of the company’s stock, valued at approximately $1,072,000.

Other institutional investors have also made changes to their positions in the company. WESPAC Advisors LLC purchased a new position in shares of Capital Group Growth ETF in the third quarter worth approximately $545,000. Founders Financial Alliance LLC increased its position in shares of Capital Group Growth ETF by 1,656.5% in the third quarter. Founders Financial Alliance LLC now owns 116,142 shares of the company’s stock worth $5,101,000 after acquiring an additional 109,530 shares in the last quarter. Genesis Private Wealth LLC increased its position in shares of Capital Group Growth ETF by 7.6% in the fourth quarter. Genesis Private Wealth LLC now owns 227,232 shares of the company’s stock worth $10,105,000 after acquiring an additional 16,050 shares in the last quarter. Valmark Advisers Inc. increased its position in shares of Capital Group Growth ETF by 51.2% in the fourth quarter. Valmark Advisers Inc. now owns 873,172 shares of the company’s stock worth $38,830,000 after acquiring an additional 295,543 shares in the last quarter. Finally, Adamsbrown Wealth Consultants LLC increased its position in shares of Capital Group Growth ETF by 1.3% in the third quarter. Adamsbrown Wealth Consultants LLC now owns 1,042,361 shares of the company’s stock worth $45,781,000 after acquiring an additional 12,990 shares in the last quarter.

Capital Group Growth ETF Price Performance

Capital Group Growth ETF stock opened at $44.85 on Monday. The firm’s 50 day simple moving average is $42.42 and its 200-day simple moving average is $43.57. The company has a market cap of $22.29 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a fifty-two week low of $35.23 and a fifty-two week high of $45.83.

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.