Capital Group Growth ETF (NYSEARCA:CGGR) Shares Purchased by Woodmont Investment Counsel LLC

Woodmont Investment Counsel LLC increased its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 4.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,506 shares of the company’s stock after buying an additional 971 shares during the quarter. Woodmont Investment Counsel LLC’s holdings in Capital Group Growth ETF were worth $874,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Oakworth Capital Inc. purchased a new position in shares of Capital Group Growth ETF during the 4th quarter valued at approximately $33,000. Whipplewood Advisors LLC purchased a new stake in shares of Capital Group Growth ETF during the 4th quarter worth about $33,000. Larson Financial Group LLC acquired a new stake in shares of Capital Group Growth ETF during the 4th quarter valued at about $38,000. Archer Investment Corp grew its position in shares of Capital Group Growth ETF by 430.1% during the 4th quarter. Archer Investment Corp now owns 1,320 shares of the company’s stock valued at $49,000 after acquiring an additional 1,071 shares during the period. Finally, WFA of San Diego LLC purchased a new position in shares of Capital Group Growth ETF in the 3rd quarter valued at about $70,000.

Capital Group Growth ETF Trading Up 2.6 %

Shares of CGGR stock opened at $36.12 on Tuesday. Capital Group Growth ETF has a 12-month low of $29.70 and a 12-month high of $39.96. The business’s 50 day moving average is $37.68 and its two-hundred day moving average is $36.79. The company has a market capitalization of $10.35 billion, a P/E ratio of 28.51 and a beta of 1.16.

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.