Harborfront Financial Group LLC Acquires New Position in Capital Group Growth ETF $CGGR

Harborfront Financial Group LLC acquired a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 18,144 shares of the company’s stock, valued at approximately $807,000. Capital Group Growth ETF comprises about 6.0% of Harborfront Financial Group LLC’s holdings, making the stock its 5th largest holding.

A number of other institutional investors have also modified their holdings of the business. Founders Financial Alliance LLC grew its position in Capital Group Growth ETF by 1,656.5% in the 3rd quarter. Founders Financial Alliance LLC now owns 116,142 shares of the company’s stock worth $5,101,000 after purchasing an additional 109,530 shares during the last quarter. Genesis Private Wealth LLC grew its position in Capital Group Growth ETF by 7.6% in the 4th quarter. Genesis Private Wealth LLC now owns 227,232 shares of the company’s stock worth $10,105,000 after purchasing an additional 16,050 shares during the last quarter. Valmark Advisers Inc. grew its position in Capital Group Growth ETF by 51.2% in the 4th quarter. Valmark Advisers Inc. now owns 873,172 shares of the company’s stock worth $38,830,000 after purchasing an additional 295,543 shares during the last quarter. Cozad Asset Management Inc. grew its position in Capital Group Growth ETF by 10.7% in the 3rd quarter. Cozad Asset Management Inc. now owns 169,183 shares of the company’s stock worth $7,431,000 after purchasing an additional 16,315 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in Capital Group Growth ETF by 40.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,384,925 shares of the company’s stock worth $57,516,000 after purchasing an additional 400,108 shares during the last quarter.

Capital Group Growth ETF Price Performance

Capital Group Growth ETF stock opened at $47.09 on Tuesday. The firm has a 50 day simple moving average of $45.10 and a 200-day simple moving average of $44.07. The stock has a market capitalization of $23.41 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 12-month low of $38.49 and a 12-month high of $48.02.

Capital Group Growth ETF Company 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.