HighTower Advisors LLC boosted its position in Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 16.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 271,082 shares of the company’s stock after acquiring an additional 38,426 shares during the quarter. HighTower Advisors LLC’s holdings in Capital Group Growth ETF were worth $10,076,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Cassady Schiller Wealth Management LLC bought a new stake in Capital Group Growth ETF in the 3rd quarter valued at about $25,000. Oakworth Capital Inc. bought a new stake in Capital Group Growth ETF in the 4th quarter valued at about $33,000. Whipplewood Advisors LLC bought a new stake in Capital Group Growth ETF in the 4th quarter valued at about $33,000. Larson Financial Group LLC bought a new stake in Capital Group Growth ETF in the 4th quarter valued at about $38,000. Finally, Archer Investment Corp increased its position in Capital Group Growth ETF by 430.1% in the 4th quarter. Archer Investment Corp now owns 1,320 shares of the company’s stock valued at $49,000 after buying an additional 1,071 shares in the last quarter.
Capital Group Growth ETF Stock Performance
CGGR stock opened at $34.84 on Monday. The company has a market capitalization of $9.84 billion, a P/E ratio of 29.74 and a beta of 1.16. Capital Group Growth ETF has a 52-week low of $29.70 and a 52-week high of $39.96. The business has a 50-day simple moving average of $37.99 and a two-hundred day simple moving average of $36.70.
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.
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Want to see what other hedge funds are holding CGGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Growth ETF (NYSEARCA:CGGR – Free Report).
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