WNY Asset Management LLC purchased a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) during the first quarter, HoldingsChannel.com reports. The fund purchased 1,804,970 shares of the company’s stock, valued at approximately $72,542,000. Capital Group Growth ETF accounts for approximately 7.5% of WNY Asset Management LLC’s holdings, making the stock its 2nd largest position.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Valmark Advisers Inc. grew its stake in shares of Capital Group Growth ETF by 51.2% during the fourth quarter. Valmark Advisers Inc. now owns 873,172 shares of the company’s stock worth $38,830,000 after acquiring an additional 295,543 shares during the last quarter. Oxinas Partners LLC raised its position in shares of Capital Group Growth ETF by 761.6% in the 4th quarter. Oxinas Partners LLC now owns 82,334 shares of the company’s stock valued at $3,661,000 after purchasing an additional 72,778 shares during the last quarter. Ergawealth Advisors Inc. raised its position in shares of Capital Group Growth ETF by 7.6% in the 4th quarter. Ergawealth Advisors Inc. now owns 718,735 shares of the company’s stock valued at $31,962,000 after purchasing an additional 50,568 shares during the last quarter. Crux Wealth Advisors acquired a new stake in Capital Group Growth ETF in the 4th quarter worth approximately $1,897,000. Finally, CWM LLC boosted its stake in Capital Group Growth ETF by 3.1% in the 4th quarter. CWM LLC now owns 2,255,337 shares of the company’s stock worth $100,295,000 after purchasing an additional 68,448 shares in the last quarter.
Capital Group Growth ETF Trading Up 0.7%
NYSEARCA:CGGR opened at $44.85 on Friday. The company has a market cap of $23.82 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a twelve month low of $38.55 and a twelve month high of $48.02. The company’s 50 day moving average is $46.18 and its two-hundred day moving average is $44.41.
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.
See Also
- Five stocks we like better than Capital Group Growth ETF
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
Want to see what other hedge funds are holding CGGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Growth ETF (NYSEARCA:CGGR – Free Report).
Receive News & Ratings for Capital Group Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
