Latitude Advisors LLC Acquires 3,225 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Latitude Advisors LLC grew its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 34.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,597 shares of the company’s stock after buying an additional 3,225 shares during the period. Latitude Advisors LLC’s holdings in Capital Group Growth ETF were worth $356,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. acquired a new stake in shares of Capital Group Growth ETF during the first quarter valued at about $351,000. Cambridge Investment Research Advisors Inc. bought a new stake in shares of Capital Group Growth ETF during the first quarter valued at approximately $1,109,000. Captrust Financial Advisors purchased a new position in shares of Capital Group Growth ETF during the first quarter valued at approximately $209,000. Capital International Investors purchased a new position in shares of Capital Group Growth ETF during the first quarter valued at approximately $25,035,000. Finally, UBS Group AG purchased a new position in shares of Capital Group Growth ETF during the second quarter valued at approximately $492,000.

Capital Group Growth ETF Stock Performance

CGGR stock remained flat at $30.87 during midday trading on Wednesday. The company’s stock had a trading volume of 206,786 shares, compared to its average volume of 1,246,318. The company’s 50-day moving average is $31.24 and its 200-day moving average is $28.29. Capital Group Growth ETF has a twelve month low of $21.83 and a twelve month high of $32.35. The stock has a market cap of $3.02 billion, a PE ratio of 18.26 and a beta of 1.09.

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.