Armstrong Fleming & Moore Inc Has $1.94 Million Stake in Capital Group Growth ETF (NYSEARCA:CGGR)

Armstrong Fleming & Moore Inc grew its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 9.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 55,774 shares of the company’s stock after purchasing an additional 4,705 shares during the period. Capital Group Growth ETF comprises 1.1% of Armstrong Fleming & Moore Inc’s holdings, making the stock its 18th largest holding. Armstrong Fleming & Moore Inc’s holdings in Capital Group Growth ETF were worth $1,940,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Global Retirement Partners LLC increased its position in Capital Group Growth ETF by 1.4% during the 3rd quarter. Global Retirement Partners LLC now owns 882,503 shares of the company’s stock valued at $30,702,000 after purchasing an additional 12,288 shares during the period. Good Life Advisors LLC boosted its position in Capital Group Growth ETF by 131.4% during the third quarter. Good Life Advisors LLC now owns 301,272 shares of the company’s stock valued at $10,481,000 after acquiring an additional 171,049 shares during the last quarter. Summit Investment Advisory Services LLC acquired a new stake in Capital Group Growth ETF during the 3rd quarter worth about $27,099,000. Cornerstone Wealth Management LLC raised its position in shares of Capital Group Growth ETF by 0.9% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 32,782 shares of the company’s stock worth $1,140,000 after acquiring an additional 301 shares in the last quarter. Finally, Clearview Wealth Advisors LLC raised its position in shares of Capital Group Growth ETF by 14.5% in the 3rd quarter. Clearview Wealth Advisors LLC now owns 195,799 shares of the company’s stock worth $6,812,000 after acquiring an additional 24,751 shares in the last quarter.

Capital Group Growth ETF Price Performance

Shares of Capital Group Growth ETF stock traded up $0.20 on Thursday, hitting $35.47. 422,917 shares of the company’s stock traded hands, compared to its average volume of 1,181,660. The company has a fifty day moving average of $33.77 and a two-hundred day moving average of $32.67. Capital Group Growth ETF has a one year low of $23.34 and a one year high of $35.69. The company has a market capitalization of $6.04 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22.

Capital Group Growth ETF Company 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.