Lynch & Associates IN Purchases 1,285 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Lynch & Associates IN grew its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 7.9% in the 4th quarter, Holdings Channel reports. The fund owned 17,476 shares of the company’s stock after purchasing an additional 1,285 shares during the quarter. Lynch & Associates IN’s holdings in Capital Group Growth ETF were worth $650,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Choreo LLC acquired a new stake in Capital Group Growth ETF in the 2nd quarter valued at $302,000. Wealthgarden F.S. LLC bought a new stake in shares of Capital Group Growth ETF during the 2nd quarter worth approximately $538,000. Trueblood Wealth Management LLC boosted its holdings in shares of Capital Group Growth ETF by 64.1% in the 2nd quarter. Trueblood Wealth Management LLC now owns 10,824 shares of the company’s stock valued at $356,000 after buying an additional 4,227 shares during the last quarter. Zions Bancorporation N.A. bought a new position in shares of Capital Group Growth ETF in the second quarter valued at $164,000. Finally, Kuhn & Co Investment Counsel increased its holdings in Capital Group Growth ETF by 7.3% during the second quarter. Kuhn & Co Investment Counsel now owns 103,432 shares of the company’s stock worth $3,402,000 after buying an additional 7,055 shares during the last quarter.

Capital Group Growth ETF Price Performance

CGGR stock traded down $0.43 during trading hours on Friday, reaching $37.36. The stock had a trading volume of 3,027,573 shares, compared to its average volume of 2,264,666. The stock has a market capitalization of $6.36 billion, a PE ratio of 28.99 and a beta of 1.22. The stock has a 50-day simple moving average of $37.62 and a 200 day simple moving average of $35.03. Capital Group Growth ETF has a fifty-two week low of $27.77 and a fifty-two week high of $39.36.

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.