Great Valley Advisor Group Inc. Has $53.53 Million Position in Capital Group Growth ETF $CGGR

Great Valley Advisor Group Inc. boosted its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 8.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,203,656 shares of the company’s stock after purchasing an additional 98,738 shares during the period. Capital Group Growth ETF accounts for about 1.0% of Great Valley Advisor Group Inc.’s portfolio, making the stock its 17th biggest holding. Great Valley Advisor Group Inc. owned about 0.27% of Capital Group Growth ETF worth $53,527,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of CGGR. New Millennium Group LLC acquired a new position in Capital Group Growth ETF in the 3rd quarter worth about $25,000. Triumph Capital Management acquired a new position in Capital Group Growth ETF in the 3rd quarter worth about $29,000. Fifth Third Bancorp increased its holdings in Capital Group Growth ETF by 285.9% in the 3rd quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock worth $30,000 after purchasing an additional 506 shares in the last quarter. Whipplewood Advisors LLC increased its holdings in Capital Group Growth ETF by 32.5% in the 3rd quarter. Whipplewood Advisors LLC now owns 1,065 shares of the company’s stock worth $47,000 after purchasing an additional 261 shares in the last quarter. Finally, Provenance Wealth Advisors LLC acquired a new position in Capital Group Growth ETF in the 3rd quarter worth about $60,000.

Capital Group Growth ETF Stock Up 2.7%

Shares of CGGR opened at $45.77 on Friday. The stock has a market cap of $22.75 billion, a PE ratio of 30.88 and a beta of 1.17. The business has a 50-day simple moving average of $44.86 and a two-hundred day simple moving average of $44.02. Capital Group Growth ETF has a 12-month low of $38.49 and a 12-month high of $48.02.

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.