11,320 Shares in Capital Group Growth ETF $CGGR Bought by World Equity Group Inc.

World Equity Group Inc. purchased a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 11,320 shares of the company’s stock, valued at approximately $455,000.

A number of other hedge funds have also added to or reduced their stakes in CGGR. Triumph Capital Management purchased a new stake in shares of Capital Group Growth ETF in the 3rd quarter worth about $29,000. Mark Sheptoff Financial Planning LLC boosted its stake in shares of Capital Group Growth ETF by 88.7% during the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock valued at $47,000 after purchasing an additional 500 shares in the last quarter. Avion Wealth purchased a new position in shares of Capital Group Growth ETF during the fourth quarter valued at about $68,000. Godfrey Financial Associates Inc. purchased a new position in shares of Capital Group Growth ETF during the fourth quarter valued at about $78,000. Finally, WFA of San Diego LLC purchased a new position in shares of Capital Group Growth ETF during the second quarter valued at about $81,000.

Capital Group Growth ETF Price Performance

CGGR stock opened at $45.34 on Monday. Capital Group Growth ETF has a 1 year low of $38.55 and a 1 year high of $48.02. The firm has a 50-day moving average of $46.41 and a 200 day moving average of $44.41. The company has a market cap of $24.00 billion, a P/E ratio of 30.88 and a beta of 1.17.

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.