Vestmark Advisory Solutions Inc. Purchases 19,738 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Vestmark Advisory Solutions Inc. raised its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 33.2% during the fourth quarter, HoldingsChannel reports. The firm owned 79,266 shares of the company’s stock after purchasing an additional 19,738 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Capital Group Growth ETF were worth $2,238,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Northwest Capital Management Inc purchased a new position in Capital Group Growth ETF in the 4th quarter worth $32,000. Tennessee Valley Asset Management Partners purchased a new stake in Capital Group Growth ETF during the 4th quarter valued at about $33,000. Winch Advisory Services LLC increased its stake in Capital Group Growth ETF by 218.7% in the 4th quarter. Winch Advisory Services LLC now owns 1,463 shares of the company’s stock worth $41,000 after purchasing an additional 1,004 shares during the period. Pinnacle Bancorp Inc. lifted its position in Capital Group Growth ETF by 150.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,500 shares of the company’s stock valued at $42,000 after purchasing an additional 900 shares during the last quarter. Finally, First Horizon Advisors Inc. purchased a new stake in shares of Capital Group Growth ETF during the third quarter valued at approximately $46,000.

Capital Group Growth ETF Stock Performance

NYSEARCA:CGGR traded up $0.35 during midday trading on Friday, reaching $30.90. 1,601,850 shares of the stock traded hands, compared to its average volume of 1,283,323. The stock has a market capitalization of $5.26 billion, a P/E ratio of 28.99 and a beta of 1.22. The company has a fifty day moving average of $31.31 and a 200 day moving average of $28.79. Capital Group Growth ETF has a 12 month low of $22.14 and a 12 month high of $32.35.

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.