Capital Group Growth ETF $CGGR Shares Bought by James T. Borello RIA

James T. Borello RIA grew its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 13.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 294,628 shares of the company’s stock after purchasing an additional 34,216 shares during the quarter. Capital Group Growth ETF makes up about 2.9% of James T. Borello RIA’s holdings, making the stock its 11th largest position. James T. Borello RIA owned 0.05% of Capital Group Growth ETF worth $13,974,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Parkside Financial Bank & Trust acquired a new stake in shares of Capital Group Growth ETF in the 2nd quarter valued at about $33,000. Trust Co. of Vermont purchased a new position in Capital Group Growth ETF during the 2nd quarter worth approximately $60,000. Beacon Financial Strategies CORP purchased a new position in Capital Group Growth ETF during the 2nd quarter worth approximately $80,000. Lavaca Capital LLC purchased a new position in Capital Group Growth ETF during the 1st quarter worth approximately $88,000. Finally, CX Institutional increased its position in Capital Group Growth ETF by 475.0% during the second quarter. CX Institutional now owns 4,031 shares of the company’s stock worth $190,000 after buying an additional 3,330 shares during the period.

Capital Group Growth ETF Stock Down 2.2%

CGGR traded down $1.03 during trading on Friday, hitting $46.65. 3,794,967 shares of the stock were exchanged, compared to its average volume of 3,066,973. The firm has a market capitalization of $25.82 billion, a P/E ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a 1-year low of $38.55 and a 1-year high of $48.69. The stock has a fifty day moving average price of $47.26 and a two-hundred day moving average price of $45.98.

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.