Ridgeline Wealth Planning LLC bought a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) in the fourth quarter, HoldingsChannel.com reports. The firm bought 103,224 shares of the company’s stock, valued at approximately $3,837,000. Capital Group Growth ETF makes up 3.7% of Ridgeline Wealth Planning LLC’s portfolio, making the stock its 8th largest position.
Several other hedge funds and other institutional investors have also bought and sold shares of CGGR. Cassady Schiller Wealth Management LLC bought a new position in shares of Capital Group Growth ETF in the 3rd quarter worth $25,000. Oakworth Capital Inc. bought a new position in Capital Group Growth ETF in the fourth quarter worth about $33,000. Archer Investment Corp lifted its position in shares of Capital Group Growth ETF by 430.1% during the fourth quarter. Archer Investment Corp now owns 1,320 shares of the company’s stock valued at $49,000 after buying an additional 1,071 shares during the last quarter. WFA of San Diego LLC bought a new stake in shares of Capital Group Growth ETF in the 3rd quarter valued at about $70,000. Finally, Harbor Investment Advisory LLC bought a new stake in shares of Capital Group Growth ETF in the 4th quarter valued at about $80,000.
Capital Group Growth ETF Stock Down 0.7 %
NYSEARCA CGGR opened at $39.31 on Wednesday. Capital Group Growth ETF has a 52 week low of $29.51 and a 52 week high of $39.95. The company has a 50 day moving average price of $38.47 and a 200 day moving average price of $35.96. The firm has a market cap of $6.69 billion, a PE 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.
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Want to see what other hedge funds are holding CGGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Growth ETF (NYSEARCA:CGGR – Free Report).
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