KWB Wealth Purchases Shares of 26,144 Capital Group Growth ETF (NYSEARCA:CGGR)

KWB Wealth purchased a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 26,144 shares of the company’s stock, valued at approximately $910,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Cornerstone Wealth Management LLC grew its holdings in Capital Group Growth ETF by 0.9% during the third quarter. Cornerstone Wealth Management LLC now owns 32,782 shares of the company’s stock valued at $1,140,000 after purchasing an additional 301 shares during the last quarter. Professional Financial Advisors LLC grew its stake in shares of Capital Group Growth ETF by 1.0% in the fourth quarter. Professional Financial Advisors LLC now owns 31,361 shares of the company’s stock worth $1,166,000 after acquiring an additional 304 shares during the last quarter. Signet Financial Management LLC grew its stake in shares of Capital Group Growth ETF by 0.3% in the fourth quarter. Signet Financial Management LLC now owns 117,769 shares of the company’s stock worth $4,377,000 after acquiring an additional 382 shares during the last quarter. CreativeOne Wealth LLC grew its stake in shares of Capital Group Growth ETF by 7.1% in the third quarter. CreativeOne Wealth LLC now owns 6,889 shares of the company’s stock worth $240,000 after acquiring an additional 458 shares during the last quarter. Finally, Bill Few Associates Inc. grew its stake in shares of Capital Group Growth ETF by 2.6% in the third quarter. Bill Few Associates Inc. now owns 18,365 shares of the company’s stock worth $639,000 after acquiring an additional 470 shares during the last quarter.

Capital Group Growth ETF Trading Down 0.1 %

Shares of Capital Group Growth ETF stock opened at $37.32 on Tuesday. The company’s fifty day simple moving average is $37.72 and its 200-day simple moving average is $35.12. The company has a market cap of $6.35 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 1 year low of $27.77 and a 1 year 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.