Capital Group Growth ETF (NYSEARCA:CGGR) Shares Acquired by Nwam LLC

Nwam LLC lifted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 15.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 17,152 shares of the company’s stock after buying an additional 2,315 shares during the quarter. Nwam LLC’s holdings in Capital Group Growth ETF were worth $638,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in CGGR. Creative Planning grew its position in shares of Capital Group Growth ETF by 12.9% during the third quarter. Creative Planning now owns 24,676 shares of the company’s stock worth $858,000 after buying an additional 2,818 shares in the last quarter. SteelPeak Wealth LLC grew its position in shares of Capital Group Growth ETF by 27.6% during the third quarter. SteelPeak Wealth LLC now owns 16,080 shares of the company’s stock worth $559,000 after buying an additional 3,478 shares in the last quarter. Goldstone Financial Group LLC acquired a new stake in shares of Capital Group Growth ETF during the third quarter worth approximately $219,000. Stephens Inc. AR acquired a new stake in shares of Capital Group Growth ETF during the third quarter worth approximately $655,000. Finally, Principal Securities Inc. grew its position in shares of Capital Group Growth ETF by 11.6% during the third quarter. Principal Securities Inc. now owns 120,678 shares of the company’s stock worth $4,198,000 after buying an additional 12,543 shares in the last quarter.

Capital Group Growth ETF Trading Up 1.7 %

CGGR stock opened at $37.26 on Friday. Capital Group Growth ETF has a twelve month low of $29.70 and a twelve month high of $39.96. The company has a market capitalization of $10.52 billion, a P/E ratio of 29.74 and a beta of 1.16. The firm has a 50 day simple moving average of $38.52 and a 200-day simple moving average of $36.52.

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.