Capital Group Growth ETF (NYSEARCA:CGGR) Reaches New 12-Month High at $23.35

Capital Group Growth ETF (NYSEARCA:CGGR – Get Rating)’s share price hit a new 52-week high on Friday . The company traded as high as $23.35 and last traded at $23.31, with a volume of 71920 shares. The stock had previously closed at $23.29.

Capital Group Growth ETF Trading Down 0.1 %

The business’s 50-day moving average is $22.23 and its two-hundred day moving average is $21.54. The stock has a market capitalization of $1.95 billion, a PE ratio of 18.26 and a beta of 1.09.

Institutional Trading of Capital Group Growth ETF

A number of institutional investors have recently added to or reduced their stakes in CGGR. Signature Estate & Investment Advisors LLC acquired a new stake in Capital Group Growth ETF during the fourth quarter worth about $44,292,000. Northwestern Mutual Wealth Management Co. grew its position in Capital Group Growth ETF by 95.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,864,955 shares of the company’s stock worth $77,067,000 after purchasing an additional 1,885,673 shares during the last quarter. New England Capital Financial Advisors LLC bought a new position in Capital Group Growth ETF in the 4th quarter worth about $38,643,000. LPL Financial LLC grew its position in Capital Group Growth ETF by 79.5% in the 4th quarter. LPL Financial LLC now owns 2,802,063 shares of the company’s stock worth $55,873,000 after purchasing an additional 1,240,999 shares during the last quarter. Finally, Capital International Investors bought a new position in Capital Group Growth ETF in the 1st quarter worth about $25,035,000.

About Capital Group Growth ETF

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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.