Fermata Advisors LLC Purchases Shares of 23,734 Capital Group Growth ETF (NYSEARCA:CGGR)

Fermata Advisors LLC acquired a new position in Capital Group Growth ETF (NYSEARCA:CGGR) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 23,734 shares of the company’s stock, valued at approximately $882,000.

Several other institutional investors also recently modified their holdings of the company. McNamara Financial Services Inc. raised its stake in shares of Capital Group Growth ETF by 44.5% in the third quarter. McNamara Financial Services Inc. now owns 10,414 shares of the company’s stock valued at $362,000 after purchasing an additional 3,209 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Capital Group Growth ETF by 17.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 484,569 shares of the company’s stock valued at $16,858,000 after buying an additional 73,399 shares during the period. Creative Planning raised its stake in shares of Capital Group Growth ETF by 12.9% in the 3rd quarter. Creative Planning now owns 24,676 shares of the company’s stock valued at $858,000 after buying an additional 2,818 shares in the last quarter. Stephens Inc. AR bought a new position in shares of Capital Group Growth ETF during the 3rd quarter worth about $655,000. Finally, Natixis Advisors LLC boosted its position in shares of Capital Group Growth ETF by 33.8% during the 3rd quarter. Natixis Advisors LLC now owns 51,900 shares of the company’s stock valued at $1,806,000 after acquiring an additional 13,112 shares in the last quarter.

Capital Group Growth ETF Stock Down 0.3 %

NYSEARCA:CGGR opened at $38.02 on Friday. The firm has a market capitalization of $6.47 billion, a PE ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 12-month low of $27.77 and a 12-month high of $39.36. The firm has a 50-day moving average price of $37.81 and a 200 day moving average price of $35.19.

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.