Smartleaf Asset Management LLC lifted its stake in Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 11.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 146,384 shares of the company’s stock after purchasing an additional 15,564 shares during the period. Capital Group Growth ETF makes up approximately 0.6% of Smartleaf Asset Management LLC’s portfolio, making the stock its 28th biggest position. Smartleaf Asset Management LLC’s holdings in Capital Group Growth ETF were worth $5,479,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in CGGR. Cassady Schiller Wealth Management LLC bought a new position in shares of Capital Group Growth ETF in the third quarter worth $25,000. Oakworth Capital Inc. bought a new position in shares of Capital Group Growth ETF in the fourth quarter worth $33,000. Whipplewood Advisors LLC bought a new position in shares of Capital Group Growth ETF in the fourth quarter worth $33,000. Archer Investment Corp raised its position in shares of Capital Group Growth ETF by 430.1% in the fourth quarter. Archer Investment Corp now owns 1,320 shares of the company’s stock worth $49,000 after buying an additional 1,071 shares in the last quarter. Finally, WFA of San Diego LLC purchased a new stake in shares of Capital Group Growth ETF in the third quarter worth $70,000.
Capital Group Growth ETF Stock Performance
Shares of CGGR stock opened at $37.26 on Friday. Capital Group Growth ETF has a 52-week low of $29.70 and a 52-week high of $39.96. The company has a market capitalization of $10.52 billion, a PE ratio of 29.74 and a beta of 1.16. The business’s fifty day moving average is $38.52 and its 200 day moving average is $36.55.
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.
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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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