HBW Advisory Services LLC Takes Position in Capital Group Growth ETF (NYSEARCA:CGGR)

HBW Advisory Services LLC purchased a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 35,961 shares of the company’s stock, valued at approximately $907,000.

Several other institutional investors and hedge funds also recently made changes to their positions in CGGR. Wiley BROS. Aintree Capital LLC boosted its holdings in shares of Capital Group Growth ETF by 1.4% in the second quarter. Wiley BROS. Aintree Capital LLC now owns 421,356 shares of the company’s stock valued at $10,631,000 after buying an additional 5,843 shares during the period. Cedar Brook Financial Partners LLC boosted its stake in Capital Group Growth ETF by 2.9% in the 2nd quarter. Cedar Brook Financial Partners LLC now owns 72,223 shares of the company’s stock worth $1,822,000 after purchasing an additional 2,065 shares during the period. BKA Wealth Consulting Inc. acquired a new position in Capital Group Growth ETF in the 1st quarter worth $322,000. Vawter Financial Ltd. boosted its stake in Capital Group Growth ETF by 17.9% in the 1st quarter. Vawter Financial Ltd. now owns 110,745 shares of the company’s stock worth $2,487,000 after purchasing an additional 16,783 shares during the period. Finally, JPMorgan Chase & Co. acquired a new position in shares of Capital Group Growth ETF during the first quarter worth about $1,182,000.

Capital Group Growth ETF Price Performance

CGGR stock opened at $25.65 on Friday. The stock has a market capitalization of $2.51 billion, a P/E ratio of 18.26 and a beta of 1.09. The business has a 50-day moving average of $25.55 and a 200-day moving average of $23.85. Capital Group Growth ETF has a fifty-two week low of $18.60 and a fifty-two week high of $26.55.

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.