Calton & Associates Inc. Buys Shares of 126,702 Capital Group Growth ETF $CGGR

Calton & Associates Inc. bought a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 126,702 shares of the company’s stock, valued at approximately $5,634,000. Capital Group Growth ETF comprises about 0.8% of Calton & Associates Inc.’s holdings, making the stock its 24th biggest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its holdings in shares of Capital Group Growth ETF by 174.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 319,824 shares of the company’s stock worth $10,954,000 after purchasing an additional 203,151 shares in the last quarter. First Trust Advisors LP bought a new stake in shares of Capital Group Growth ETF during the second quarter worth $211,000. Cerity Partners LLC grew its stake in shares of Capital Group Growth ETF by 176.7% during the second quarter. Cerity Partners LLC now owns 66,761 shares of the company’s stock worth $2,715,000 after purchasing an additional 42,631 shares during the period. Sei Investments Co. grew its stake in shares of Capital Group Growth ETF by 19.5% during the second quarter. Sei Investments Co. now owns 1,163,011 shares of the company’s stock worth $47,277,000 after purchasing an additional 189,933 shares during the period. Finally, Diversify Wealth Management LLC acquired a new position in Capital Group Growth ETF in the second quarter valued at about $320,000.

Capital Group Growth ETF Price Performance

CGGR stock opened at $47.63 on Wednesday. The stock has a market capitalization of $23.68 billion, a P/E ratio of 30.88 and a beta of 1.17. The business has a 50-day moving average of $43.90 and a 200-day moving average of $43.83. Capital Group Growth ETF has a fifty-two week low of $38.37 and a fifty-two week 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.