Capital Group Growth ETF $CGGR Position Increased by World Investment Advisors

World Investment Advisors raised its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 25.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 162,438 shares of the company’s stock after purchasing an additional 32,681 shares during the quarter. World Investment Advisors’ holdings in Capital Group Growth ETF were worth $7,224,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Hazlett Burt & Watson Inc. lifted its holdings in shares of Capital Group Growth ETF by 806.5% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock valued at $25,000 after buying an additional 500 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in Capital Group Growth ETF in the third quarter worth approximately $25,000. New Millennium Group LLC acquired a new position in Capital Group Growth ETF in the third quarter worth approximately $25,000. Triumph Capital Management bought a new position in Capital Group Growth ETF during the third quarter valued at approximately $29,000. Finally, Fifth Third Bancorp lifted its stake in Capital Group Growth ETF by 285.9% in the third quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock valued at $30,000 after acquiring an additional 506 shares during the last quarter.

Capital Group Growth ETF Stock Up 0.8%

CGGR stock opened at $46.33 on Thursday. The company has a market capitalization of $23.03 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 12 month low of $37.05 and a 12 month high of $46.49. The firm has a 50 day moving average of $42.82 and a two-hundred day moving average of $43.66.

Capital Group Growth ETF Company 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.