Genesis Private Wealth LLC Acquires Shares of 193,421 Capital Group Growth ETF (NYSEARCA:CGGR)

Genesis Private Wealth LLC acquired a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 193,421 shares of the company’s stock, valued at approximately $7,189,000. Capital Group Growth ETF makes up about 4.0% of Genesis Private Wealth LLC’s investment portfolio, making the stock its 5th largest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CGGR. Oxinas Partners Wealth Management LLC bought a new position in shares of Capital Group Growth ETF during the 4th quarter valued at approximately $570,000. Signature Resources Capital Management LLC boosted its holdings in Capital Group Growth ETF by 4.6% in the 4th quarter. Signature Resources Capital Management LLC now owns 56,622 shares of the company’s stock worth $2,105,000 after buying an additional 2,500 shares during the period. Tudor Financial Inc. boosted its holdings in Capital Group Growth ETF by 31.0% in the 4th quarter. Tudor Financial Inc. now owns 8,113 shares of the company’s stock worth $302,000 after buying an additional 1,918 shares during the period. Koshinski Asset Management Inc. boosted its holdings in Capital Group Growth ETF by 9.6% in the 4th quarter. Koshinski Asset Management Inc. now owns 110,315 shares of the company’s stock worth $4,100,000 after buying an additional 9,662 shares during the period. Finally, Harbor Investment Advisory LLC bought a new position in Capital Group Growth ETF in the 4th quarter worth approximately $80,000.

Capital Group Growth ETF Trading Up 1.1 %

CGGR opened at $38.92 on Wednesday. The company has a 50 day moving average of $37.88 and a 200 day moving average of $35.32. The company has a market cap of $6.62 billion, a PE ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 12 month low of $28.58 and a 12 month high of $39.36.

About Capital Group Growth ETF

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.