Moneywise Inc. Purchases Shares of 112,986 Capital Group Growth ETF $CGGR

Moneywise Inc. purchased a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 112,986 shares of the company’s stock, valued at approximately $5,024,000. Capital Group Growth ETF accounts for 2.1% of Moneywise Inc.’s portfolio, making the stock its 14th largest holding.

A number of other large investors have also recently bought and sold shares of CGGR. Goldman Sachs Group Inc. grew its position in Capital Group Growth ETF by 174.1% in the first quarter. Goldman Sachs Group Inc. now owns 319,824 shares of the company’s stock valued at $10,954,000 after acquiring an additional 203,151 shares during the period. First Trust Advisors LP bought a new stake in Capital Group Growth ETF in the second quarter valued at $211,000. Cerity Partners LLC grew its position in Capital Group Growth ETF by 176.7% in the second quarter. Cerity Partners LLC now owns 66,761 shares of the company’s stock valued at $2,715,000 after acquiring an additional 42,631 shares during the period. Sei Investments Co. grew its position in Capital Group Growth ETF by 19.5% in the second quarter. Sei Investments Co. now owns 1,163,011 shares of the company’s stock valued at $47,277,000 after acquiring an additional 189,933 shares during the period. Finally, Diversify Wealth Management LLC bought a new stake in Capital Group Growth ETF in the second quarter valued at $320,000.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA:CGGR opened at $46.33 on Thursday. The business’s fifty day moving average price is $42.82 and its two-hundred day moving average price is $43.66. The stock has a market capitalization of $23.03 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a fifty-two week low of $37.05 and a fifty-two week high of $46.49.

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.