Wood Tarver Financial Group LLC Invests $792,000 in Capital Group Growth ETF (NYSEARCA:CGGR)

Wood Tarver Financial Group LLC acquired a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the fourth quarter, Holdings Channel.com reports. The fund acquired 21,329 shares of the company’s stock, valued at approximately $792,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC bought a new position in Capital Group Growth ETF during the fourth quarter worth $25,000. Oakworth Capital Inc. bought a new stake in shares of Capital Group Growth ETF in the 4th quarter worth about $33,000. Whipplewood Advisors LLC bought a new stake in shares of Capital Group Growth ETF in the 4th quarter worth about $33,000. Capital A Wealth Management LLC bought a new stake in shares of Capital Group Growth ETF in the 4th quarter worth about $34,000. Finally, Larson Financial Group LLC bought a new stake in shares of Capital Group Growth ETF in the 4th quarter worth about $38,000.

Capital Group Growth ETF Stock Performance

CGGR opened at $37.39 on Tuesday. The firm’s 50-day simple moving average is $34.83 and its 200-day simple moving average is $36.78. Capital Group Growth ETF has a twelve month low of $29.23 and a twelve month high of $39.96. The firm has a market cap of $11.70 billion, a price-to-earnings ratio of 29.42 and a beta of 1.16.

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.