Professional Financial Advisors LLC Buys Shares of 28,745 Capital Group Growth ETF (NYSEARCA:CGGR)

Professional Financial Advisors LLC acquired a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 28,745 shares of the company’s stock, valued at approximately $725,000.

Several other institutional investors also recently modified their holdings of CGGR. Morgan Stanley acquired a new stake in Capital Group Growth ETF in the fourth quarter worth $32,000. Money Concepts Capital Corp acquired a new position in shares of Capital Group Growth ETF in the 4th quarter valued at approximately $34,000. GPS Wealth Strategies Group LLC bought a new stake in Capital Group Growth ETF during the 1st quarter worth approximately $53,000. ST Germain D J Co. Inc. acquired a new stake in Capital Group Growth ETF during the 4th quarter worth approximately $115,000. Finally, MCF Advisors LLC acquired a new stake in shares of Capital Group Growth ETF during the first quarter worth $130,000.

Capital Group Growth ETF Stock Down 0.4 %

NYSEARCA:CGGR opened at $25.23 on Tuesday. The company has a market cap of $2.47 billion, a P/E ratio of 18.26 and a beta of 1.09. Capital Group Growth ETF has a twelve month low of $18.60 and a twelve month high of $26.55. The business has a 50 day moving average price of $25.55 and a two-hundred day moving average price of $23.93.

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.