Birchwood Financial Partners Inc. Invests $1.21 Million in Capital Group Growth ETF $CGGR

Birchwood Financial Partners Inc. acquired a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 27,271 shares of the company’s stock, valued at approximately $1,213,000. Capital Group Growth ETF comprises approximately 1.2% of Birchwood Financial Partners Inc.’s holdings, making the stock its 23rd biggest position.

Other large investors have also bought and sold shares of the company. Genesis Private Wealth LLC grew its position in Capital Group Growth ETF by 7.6% during the fourth quarter. Genesis Private Wealth LLC now owns 227,232 shares of the company’s stock worth $10,105,000 after buying an additional 16,050 shares in the last quarter. Valmark Advisers Inc. raised its holdings in shares of Capital Group Growth ETF by 51.2% in the 4th quarter. Valmark Advisers Inc. now owns 873,172 shares of the company’s stock valued at $38,830,000 after acquiring an additional 295,543 shares in the last quarter. Cozad Asset Management Inc. boosted its position in shares of Capital Group Growth ETF by 10.7% during the 3rd quarter. Cozad Asset Management Inc. now owns 169,183 shares of the company’s stock valued at $7,431,000 after acquiring an additional 16,315 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Capital Group Growth ETF by 40.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,384,925 shares of the company’s stock valued at $57,516,000 after acquiring an additional 400,108 shares during the last quarter. Finally, Saxony Capital Management LLC boosted its position in shares of Capital Group Growth ETF by 88.3% during the 4th quarter. Saxony Capital Management LLC now owns 41,117 shares of the company’s stock valued at $1,828,000 after acquiring an additional 19,278 shares during the last quarter.

Capital Group Growth ETF Trading Up 1.9%

CGGR stock opened at $46.96 on Friday. The company’s 50 day moving average is $45.46 and its 200 day moving average is $44.12. The stock has a market cap of $23.34 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 1-year low of $38.49 and a 1-year 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.