Benjamin F. Edwards & Company Inc. Grows Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Benjamin F. Edwards & Company Inc. lifted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 10.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 147,845 shares of the company’s stock after acquiring an additional 14,334 shares during the quarter. Benjamin F. Edwards & Company Inc. owned about 0.15% of Capital Group Growth ETF worth $4,174,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Northwest Capital Management Inc acquired a new stake in shares of Capital Group Growth ETF during the 4th quarter valued at approximately $32,000. Tennessee Valley Asset Management Partners acquired a new stake in shares of Capital Group Growth ETF in the fourth quarter worth $33,000. Winch Advisory Services LLC grew its position in Capital Group Growth ETF by 218.7% during the fourth quarter. Winch Advisory Services LLC now owns 1,463 shares of the company’s stock valued at $41,000 after purchasing an additional 1,004 shares in the last quarter. Pinnacle Bancorp Inc. grew its stake in Capital Group Growth ETF by 150.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,500 shares of the company’s stock valued at $42,000 after purchasing an additional 900 shares in the last quarter. Finally, First Horizon Advisors Inc. acquired a new stake in Capital Group Growth ETF in the third quarter valued at approximately $46,000.

Capital Group Growth ETF Stock Performance

Shares of CGGR traded up $0.35 during trading hours on Friday, hitting $30.90. 1,601,850 shares of the company were exchanged, compared to its average volume of 1,283,323. The firm’s 50 day moving average is $31.31 and its 200-day moving average is $28.77. Capital Group Growth ETF has a 52 week low of $22.14 and a 52 week high of $32.35. The company has a market cap of $5.26 billion, a PE ratio of 28.99 and a beta of 1.22.

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.