Spire Wealth Management Increases Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Spire Wealth Management lifted its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 55.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 67,453 shares of the company’s stock after buying an additional 23,947 shares during the quarter. Spire Wealth Management’s holdings in Capital Group Growth ETF were worth $2,507,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Park Avenue Securities LLC lifted its holdings in shares of Capital Group Growth ETF by 15.1% in the fourth quarter. Park Avenue Securities LLC now owns 19,905 shares of the company’s stock worth $740,000 after buying an additional 2,610 shares in the last quarter. McNamara Financial Services Inc. increased its holdings in Capital Group Growth ETF by 44.5% in the 3rd quarter. McNamara Financial Services Inc. now owns 10,414 shares of the company’s stock valued at $362,000 after acquiring an additional 3,209 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Capital Group Growth ETF by 17.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 484,569 shares of the company’s stock worth $16,858,000 after purchasing an additional 73,399 shares in the last quarter. Creative Planning boosted its holdings in shares of Capital Group Growth ETF by 12.9% during the 3rd quarter. Creative Planning now owns 24,676 shares of the company’s stock valued at $858,000 after purchasing an additional 2,818 shares during the last quarter. Finally, Stephens Inc. AR bought a new position in shares of Capital Group Growth ETF during the 3rd quarter valued at about $655,000.

Capital Group Growth ETF Trading Down 0.2 %

Shares of CGGR stock opened at $39.31 on Monday. The stock’s 50-day moving average price is $38.23 and its 200-day moving average price is $35.63. Capital Group Growth ETF has a 12-month low of $28.78 and a 12-month high of $39.95. The stock has a market capitalization of $6.69 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22.

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.