BetterWealth LLC Makes New Investment in Capital Group Growth ETF (NYSEARCA:CGGR)

BetterWealth LLC bought a new position in Capital Group Growth ETF (NYSEARCA:CGGR) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 170,353 shares of the company’s stock, valued at approximately $6,332,000. Capital Group Growth ETF comprises approximately 1.7% of BetterWealth LLC’s portfolio, making the stock its 12th biggest position. BetterWealth LLC owned about 0.10% of Capital Group Growth ETF as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of CGGR. Cassady Schiller Wealth Management LLC purchased a new stake in shares of Capital Group Growth ETF in the 3rd quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC purchased a new position in Capital Group Growth ETF in the third quarter worth approximately $35,000. WFA of San Diego LLC acquired a new stake in Capital Group Growth ETF during the third quarter worth $70,000. Harbor Investment Advisory LLC purchased a new stake in Capital Group Growth ETF in the fourth quarter valued at $80,000. Finally, Ashton Thomas Securities LLC acquired a new position in shares of Capital Group Growth ETF in the 3rd quarter valued at $95,000.

Capital Group Growth ETF Stock Up 1.4 %

Shares of NYSEARCA CGGR opened at $39.17 on Wednesday. The business’s 50 day moving average is $38.12 and its two-hundred day moving average is $35.52. Capital Group Growth ETF has a 52-week low of $28.78 and a 52-week high of $39.71. The firm has a market cap of $6.67 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22.

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.