Kingsview Wealth Management LLC Buys 35,104 Shares of Capital Group Growth ETF $CGGR

Kingsview Wealth Management LLC increased its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 54.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 100,017 shares of the company’s stock after purchasing an additional 35,104 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $4,448,000 as of its most recent filing with the Securities & Exchange Commission.

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

Capital Group Growth ETF Stock Performance

Shares of CGGR opened at $47.73 on Friday. The firm has a market capitalization of $23.73 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The business’s fifty day moving average price is $43.77 and its two-hundred day moving average price is $43.81. Capital Group Growth ETF has a 52 week low of $37.64 and a 52 week high of $47.85.

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.