Modera Wealth Management LLC purchased a new stake in Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 181,833 shares of the company’s stock, valued at approximately $8,624,000.
Several other institutional investors have also modified their holdings of the business. Parkside Financial Bank & Trust acquired a new stake in Capital Group Growth ETF in the 2nd quarter valued at about $33,000. Trust Co. of Vermont acquired a new position in shares of Capital Group Growth ETF during the second quarter worth about $60,000. North Star Investment Management Corp. acquired a new position in shares of Capital Group Growth ETF during the third quarter worth about $61,000. Beacon Financial Strategies CORP purchased a new stake in shares of Capital Group Growth ETF during the second quarter worth approximately $80,000. Finally, Lavaca Capital LLC acquired a new stake in Capital Group Growth ETF in the first quarter valued at approximately $88,000.
Capital Group Growth ETF Trading Down 2.2%
Shares of NYSEARCA:CGGR opened at $45.64 on Friday. Capital Group Growth ETF has a 52 week low of $38.55 and a 52 week high of $48.69. The company’s 50 day moving average is $47.17 and its two-hundred day moving average is $45.25. The company has a market cap of $25.36 billion, a PE ratio of 30.88 and a beta of 1.18.
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.
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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).
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