Benjamin Edwards Inc. Invests $9.06 Million in Capital Group Growth ETF (NYSEARCA:CGGR)

Benjamin Edwards Inc. purchased a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 260,525 shares of the company’s stock, valued at approximately $9,064,000.

A number of other large investors have also added to or reduced their stakes in CGGR. Cassady Schiller Wealth Management LLC acquired a new position in Capital Group Growth ETF in the 3rd quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Capital Group Growth ETF in the third quarter worth $35,000. Fairscale Capital LLC acquired a new position in Capital Group Growth ETF in the second quarter valued at about $39,000. GAMMA Investing LLC bought a new stake in Capital Group Growth ETF during the second quarter worth about $38,000. Finally, Hershey Financial Advisers LLC acquired a new stake in Capital Group Growth ETF during the second quarter worth about $58,000.

Capital Group Growth ETF Stock Up 0.8 %

CGGR stock opened at $38.03 on Tuesday. The company’s 50-day moving average price is $35.86 and its two-hundred day moving average price is $33.85. The firm has a market cap of $6.47 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 12 month low of $26.41 and a 12 month high of $38.12.

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.