Cvfg LLC Invests $208,000 in Capital Group Growth ETF (NYSEARCA:CGGR)

Cvfg LLC acquired a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the fourth quarter, HoldingsChannel reports. The fund acquired 5,602 shares of the company’s stock, valued at approximately $208,000.

A number of other large investors also recently modified their holdings of the company. LPL Financial LLC boosted its stake in Capital Group Growth ETF by 24.6% in the third quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock worth $432,724,000 after buying an additional 2,456,913 shares in the last quarter. Kestra Investment Management LLC purchased a new stake in shares of Capital Group Growth ETF in the 2nd quarter valued at $44,429,000. Sanctuary Advisors LLC bought a new position in shares of Capital Group Growth ETF during the 2nd quarter valued at $25,746,000. Sei Investments Co. bought a new position in shares of Capital Group Growth ETF during the 2nd quarter valued at $25,735,000. Finally, Summit Investment Advisory Services LLC purchased a new position in Capital Group Growth ETF in the 3rd quarter worth $27,099,000.

Capital Group Growth ETF Stock Down 0.3 %

NYSEARCA CGGR opened at $38.02 on Friday. The company has a 50-day simple moving average of $37.81 and a two-hundred day simple moving average of $35.19. Capital Group Growth ETF has a 12-month low of $27.77 and a 12-month high of $39.36. The firm has a market cap of $6.47 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22.

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.