Storen Legacy Partners LLC Invests $13.56 Million in Capital Group Growth ETF $CGGR

Storen Legacy Partners LLC purchased a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 305,016 shares of the company’s stock, valued at approximately $13,564,000. Capital Group Growth ETF comprises approximately 4.3% of Storen Legacy Partners LLC’s holdings, making the stock its 7th biggest position. Storen Legacy Partners LLC owned about 0.07% of Capital Group Growth ETF at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in CGGR. Gemmer Asset Management LLC increased its holdings in shares of Capital Group Growth ETF by 0.5% during the 4th quarter. Gemmer Asset Management LLC now owns 49,552 shares of the company’s stock worth $2,204,000 after buying an additional 248 shares during the last quarter. Vermillion & White Wealth Management Group LLC boosted its position in Capital Group Growth ETF by 7.8% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 4,417 shares of the company’s stock worth $196,000 after purchasing an additional 321 shares during the period. Keystone Financial Services LLC increased its holdings in Capital Group Growth ETF by 2.1% in the 4th quarter. Keystone Financial Services LLC now owns 16,572 shares of the company’s stock valued at $737,000 after purchasing an additional 336 shares in the last quarter. Cvfg LLC raised its position in Capital Group Growth ETF by 4.4% in the third quarter. Cvfg LLC now owns 8,064 shares of the company’s stock valued at $354,000 after purchasing an additional 339 shares during the period. Finally, First Trust Advisors LP lifted its stake in shares of Capital Group Growth ETF by 6.7% during the third quarter. First Trust Advisors LP now owns 5,527 shares of the company’s stock worth $243,000 after purchasing an additional 349 shares in the last quarter.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA CGGR opened at $46.96 on Friday. Capital Group Growth ETF has a 1-year low of $38.49 and a 1-year high of $48.02. The company has a market capitalization of $23.34 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The business has a 50-day moving average of $45.57 and a 200-day moving average of $44.14.

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.