64,915 Shares in Capital Group Growth ETF $CGGR Acquired by Gunpowder Capital Management LLC dba Oliver Wealth Management

Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 64,915 shares of the company’s stock, valued at approximately $2,887,000. Capital Group Growth ETF makes up 2.2% of Gunpowder Capital Management LLC dba Oliver Wealth Management’s portfolio, making the stock its 12th biggest position.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. New Millennium Group LLC acquired a new stake in Capital Group Growth ETF in the third quarter valued at approximately $25,000. Triumph Capital Management acquired a new position in shares of Capital Group Growth ETF during the third quarter worth $29,000. Fifth Third Bancorp lifted its holdings in shares of Capital Group Growth ETF by 285.9% during the 3rd quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock valued at $30,000 after purchasing an additional 506 shares during the last quarter. Mark Sheptoff Financial Planning LLC lifted its holdings in shares of Capital Group Growth ETF by 88.7% during the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock valued at $47,000 after purchasing an additional 500 shares during the last quarter. Finally, Provenance Wealth Advisors LLC acquired a new stake in shares of Capital Group Growth ETF in the 3rd quarter worth $60,000.

Capital Group Growth ETF Price Performance

Capital Group Growth ETF stock opened at $46.96 on Friday. Capital Group Growth ETF has a 1-year low of $38.49 and a 1-year high of $48.02. The business has a fifty day moving average price of $45.57 and a 200-day moving average price of $44.14. The stock 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 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.