Tudor Financial Inc. Boosts Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Tudor Financial Inc. raised its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 20.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 9,798 shares of the company’s stock after acquiring an additional 1,685 shares during the quarter. Tudor Financial Inc.’s holdings in Capital Group Growth ETF were worth $336,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CGGR. Quadrant Capital Group LLC purchased a new position in Capital Group Growth ETF during the fourth quarter valued at $25,000. Whipplewood Advisors LLC purchased a new position in shares of Capital Group Growth ETF in the fourth quarter worth about $33,000. Capital A Wealth Management LLC purchased a new position in shares of Capital Group Growth ETF in the fourth quarter worth about $34,000. Larson Financial Group LLC purchased a new position in shares of Capital Group Growth ETF in the fourth quarter worth about $38,000. Finally, CX Institutional purchased a new position in shares of Capital Group Growth ETF in the first quarter worth about $48,000.

Capital Group Growth ETF Trading Down 1.1%

NYSEARCA:CGGR opened at $38.75 on Friday. The company’s 50-day moving average price is $36.13 and its 200-day moving average price is $36.93. The company has a market cap of $12.43 billion, a P/E ratio of 30.36 and a beta of 1.18. Capital Group Growth ETF has a twelve month low of $29.23 and a twelve month high of $39.96.

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.