Good Life Advisors LLC Takes Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Good Life Advisors LLC bought a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 14,548 shares of the company’s stock, valued at approximately $411,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Morgan Stanley bought a new stake in shares of Capital Group Growth ETF in the 4th quarter valued at about $32,000. Money Concepts Capital Corp bought a new stake in shares of Capital Group Growth ETF in the 4th quarter valued at about $34,000. First Horizon Advisors Inc. bought a new stake in shares of Capital Group Growth ETF in the 3rd quarter valued at about $46,000. GPS Wealth Strategies Group LLC lifted its stake in shares of Capital Group Growth ETF by 79.3% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 4,259 shares of the company’s stock valued at $104,000 after acquiring an additional 1,884 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its position in Capital Group Growth ETF by 125.8% during the 3rd quarter. Geneos Wealth Management Inc. now owns 4,306 shares of the company’s stock valued at $105,000 after purchasing an additional 2,399 shares during the last quarter.

Capital Group Growth ETF Price Performance

CGGR opened at $31.99 on Friday. The business has a 50 day simple moving average of $30.57 and a two-hundred day simple moving average of $27.63. The firm has a market capitalization of $3.13 billion, a price-to-earnings ratio of 18.26 and a beta of 1.09. Capital Group Growth ETF has a one year low of $21.75 and a one year high of $32.34.

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.