Perennial Investment Advisors LLC Acquires Shares of 19,639 Capital Group Growth ETF (NYSEARCA:CGGR)

Perennial Investment Advisors LLC acquired a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 19,639 shares of the company’s stock, valued at approximately $730,000.

Other hedge funds have also recently modified their holdings of the company. Wells Fargo & Company MN grew its stake in Capital Group Growth ETF by 25.4% during the fourth quarter. Wells Fargo & Company MN now owns 6,763,699 shares of the company’s stock valued at $251,407,000 after acquiring an additional 1,368,362 shares in the last quarter. Smith Moore & CO. boosted its holdings in shares of Capital Group Growth ETF by 21.6% during the 4th quarter. Smith Moore & CO. now owns 220,476 shares of the company’s stock valued at $8,195,000 after purchasing an additional 39,165 shares during the last quarter. Forge Financial Services LLC purchased a new position in shares of Capital Group Growth ETF during the fourth quarter valued at about $5,055,000. Thoroughbred Financial Services LLC increased its holdings in shares of Capital Group Growth ETF by 428.5% in the fourth quarter. Thoroughbred Financial Services LLC now owns 82,801 shares of the company’s stock worth $3,077,000 after purchasing an additional 67,134 shares during the last quarter. Finally, World Investment Advisors lifted its position in shares of Capital Group Growth ETF by 15.0% in the fourth quarter. World Investment Advisors now owns 73,128 shares of the company’s stock worth $2,718,000 after buying an additional 9,566 shares in the last quarter.

Capital Group Growth ETF Trading Down 6.3 %

Shares of Capital Group Growth ETF stock opened at $30.85 on Friday. Capital Group Growth ETF has a 12 month low of $29.70 and a 12 month high of $39.96. The stock has a 50 day moving average of $36.91 and a 200 day moving average of $36.85. The firm has a market cap of $8.95 billion, a PE ratio of 27.00 and a beta of 1.17.

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.