Pettyjohn Wood & White Inc. Raises Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Pettyjohn Wood & White Inc. grew its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 15.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 37,751 shares of the company’s stock after purchasing an additional 4,950 shares during the quarter. Pettyjohn Wood & White Inc.’s holdings in Capital Group Growth ETF were worth $1,403,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in CGGR. Northwest Financial Advisors boosted its holdings in shares of Capital Group Growth ETF by 1.9% in the fourth quarter. Northwest Financial Advisors now owns 14,892 shares of the company’s stock valued at $554,000 after acquiring an additional 280 shares during the period. Professional Financial Advisors LLC lifted its stake in Capital Group Growth ETF by 1.0% in the 4th 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 in the last quarter. Stephens Inc. AR lifted its position in Capital Group Growth ETF by 1.6% during the fourth quarter. Stephens Inc. AR now owns 19,138 shares of the company’s stock worth $711,000 after buying an additional 310 shares during the period. Signet Financial Management LLC boosted its holdings in 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 valued at $4,377,000 after acquiring an additional 382 shares during the last quarter. Finally, Convergence Financial LLC boosted its position in Capital Group Growth ETF by 7.5% during the 4th quarter. Convergence Financial LLC now owns 6,251 shares of the company’s stock worth $232,000 after purchasing an additional 437 shares during the period.

Capital Group Growth ETF Price Performance

NYSEARCA:CGGR opened at $36.64 on Friday. The stock has a market cap of $6.24 billion, a P/E ratio of 28.99 and a beta of 1.22. The firm has a 50-day moving average of $38.53 and a two-hundred day moving average of $36.49. Capital Group Growth ETF has a 1-year low of $29.70 and a 1-year high of $39.96.

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.