Stonebridge Financial Group LLC Purchases Shares of 29,802 Capital Group Growth ETF (NYSEARCA:CGGR)

Stonebridge Financial Group LLC bought a new position in Capital Group Growth ETF (NYSEARCA:CGGR) during the 4th quarter, Holdings Channel reports. The firm bought 29,802 shares of the company’s stock, valued at approximately $1,108,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cassady Schiller Wealth Management LLC acquired a new stake in shares of Capital Group Growth ETF in the third quarter valued at $25,000. Oakworth Capital Inc. bought a new position in Capital Group Growth ETF in the 4th quarter worth approximately $33,000. Archer Investment Corp boosted its position in Capital Group Growth ETF by 430.1% in the 4th quarter. Archer Investment Corp now owns 1,320 shares of the company’s stock valued at $49,000 after buying an additional 1,071 shares during the last quarter. WFA of San Diego LLC acquired a new stake in shares of Capital Group Growth ETF in the 3rd quarter valued at $70,000. Finally, Harbor Investment Advisory LLC bought a new position in Capital Group Growth ETF in the fourth quarter valued at about $80,000.

Capital Group Growth ETF Trading Up 0.7 %

Shares of NYSEARCA:CGGR opened at $39.59 on Tuesday. The stock has a market capitalization of $6.74 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 1-year low of $29.51 and a 1-year high of $39.95. The business has a 50-day moving average price of $38.45 and a two-hundred day moving average price of $35.91.

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.