Strategic Blueprint LLC Invests $3.51 Million in Capital Group Growth ETF (NYSEARCA:CGGR)

Strategic Blueprint LLC purchased a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 94,315 shares of the company’s stock, valued at approximately $3,506,000. Strategic Blueprint LLC owned about 0.06% of Capital Group Growth ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Northwest Financial Advisors lifted its position in Capital Group Growth ETF by 1.9% in the 4th quarter. Northwest Financial Advisors now owns 14,892 shares of the company’s stock valued at $554,000 after acquiring an additional 280 shares in the last quarter. Cornerstone Wealth Management LLC lifted its holdings in shares of 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 in the last quarter. Professional Financial Advisors LLC boosted its position in shares of Capital Group Growth ETF by 1.0% during the fourth quarter. Professional Financial Advisors LLC now owns 31,361 shares of the company’s stock valued at $1,166,000 after buying an additional 304 shares during the last quarter. Signet Financial Management LLC increased its holdings in Capital Group Growth ETF by 0.3% in the 4th quarter. Signet Financial Management LLC now owns 117,769 shares of the company’s stock worth $4,377,000 after buying an additional 382 shares in the last quarter. Finally, CreativeOne Wealth LLC increased its holdings in Capital Group Growth ETF by 7.1% in the 3rd quarter. CreativeOne Wealth LLC now owns 6,889 shares of the company’s stock worth $240,000 after buying an additional 458 shares in the last quarter.

Capital Group Growth ETF Stock Performance

CGGR opened at $39.04 on Wednesday. The company’s 50-day simple moving average is $38.12 and its two-hundred day simple moving average is $35.52. The stock has a market capitalization of $6.65 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 52-week low of $28.78 and a 52-week high of $39.71.

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.