Alchemi Wealth LLC Takes $3.52 Million Position in Capital Group Growth ETF $CGGR

Alchemi Wealth LLC acquired a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 79,140 shares of the company’s stock, valued at approximately $3,519,000. Capital Group Growth ETF comprises 1.9% of Alchemi Wealth LLC’s investment portfolio, making the stock its 13th largest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Peak Planning Group LLC purchased a new stake in shares of Capital Group Growth ETF during the 4th quarter valued at $1,336,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Capital Group Growth ETF during the 4th quarter valued at $120,000. Wells Fargo & Company MN lifted its holdings in shares of Capital Group Growth ETF by 26.2% during the 4th quarter. Wells Fargo & Company MN now owns 12,423,660 shares of the company’s stock valued at $552,480,000 after purchasing an additional 2,580,345 shares during the last quarter. Tudor Financial Inc. lifted its holdings in shares of Capital Group Growth ETF by 11.6% during the 4th quarter. Tudor Financial Inc. now owns 12,686 shares of the company’s stock valued at $564,000 after purchasing an additional 1,318 shares during the last quarter. Finally, Gerber Kawasaki Wealth & Investment Management lifted its holdings in shares of Capital Group Growth ETF by 1.2% during the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 776,868 shares of the company’s stock valued at $34,547,000 after purchasing an additional 9,119 shares during the last quarter.

Capital Group Growth ETF Trading Up 0.1%

Shares of CGGR opened at $45.82 on Friday. The stock has a fifty day moving average price of $44.97 and a 200-day moving average price of $44.04. Capital Group Growth ETF has a 12 month low of $38.49 and a 12 month high of $48.02. The firm has a market cap of $22.78 billion, a PE ratio of 30.88 and a beta of 1.17.

About Capital Group Growth ETF

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.