J. Derek Lewis & Associates Inc. Buys New Stake in Capital Group Growth ETF $CGGR

J. Derek Lewis & Associates Inc. purchased a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 471,036 shares of the company’s stock, valued at approximately $20,947,000. Capital Group Growth ETF makes up about 4.9% of J. Derek Lewis & Associates Inc.’s holdings, making the stock its 3rd largest position. J. Derek Lewis & Associates Inc. owned about 0.11% of Capital Group Growth ETF as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. New Millennium Group LLC purchased a new position in shares of Capital Group Growth ETF in the 3rd quarter valued at about $25,000. Triumph Capital Management acquired a new stake in shares of Capital Group Growth ETF during the 3rd quarter worth about $29,000. Fifth Third Bancorp lifted its stake in Capital Group Growth ETF by 285.9% during the third quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock worth $30,000 after purchasing an additional 506 shares during the last quarter. Mark Sheptoff Financial Planning LLC lifted its stake in Capital Group Growth ETF by 88.7% during the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock worth $47,000 after purchasing an additional 500 shares during the last quarter. Finally, Provenance Wealth Advisors LLC acquired a new position in Capital Group Growth ETF in the third quarter valued at approximately $60,000.

Capital Group Growth ETF Price Performance

Shares of CGGR opened at $46.96 on Friday. The company has a market capitalization of $23.34 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 52-week low of $38.49 and a 52-week high of $48.02. The stock has a 50 day moving average price of $45.57 and a 200 day moving average price of $44.14.

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.