ST Germain D J Co. Inc. Increases Stock Position in Capital Group Growth ETF (NYSEARCA:CGGR)

ST Germain D J Co. Inc. grew its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 19.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 110,751 shares of the company’s stock after acquiring an additional 17,915 shares during the quarter. ST Germain D J Co. Inc.’s holdings in Capital Group Growth ETF were worth $3,853,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Capital Group Growth ETF during the 3rd quarter valued at about $35,000. GAMMA Investing LLC bought a new position in Capital Group Growth ETF during the 2nd quarter valued at about $38,000. Fairscale Capital LLC bought a new position in Capital Group Growth ETF during the 2nd quarter valued at about $39,000. Whittier Trust Co. of Nevada Inc. grew its holdings in Capital Group Growth ETF by 146.5% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,282 shares of the company’s stock valued at $41,000 after purchasing an additional 762 shares during the last quarter. Finally, Clear Investment Research LLC bought a new position in Capital Group Growth ETF during the 1st quarter valued at about $47,000.

Capital Group Growth ETF Stock Up 1.0 %

NYSEARCA:CGGR traded up $0.35 during mid-day trading on Friday, hitting $35.64. 1,012,037 shares of the stock traded hands, compared to its average volume of 1,183,360. The stock has a market capitalization of $6.07 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 52 week low of $23.34 and a 52 week high of $35.69. The firm’s 50 day moving average is $33.92 and its two-hundred day moving average is $32.72.

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.