Northwest Financial Advisors Increases Position in Capital Group Growth ETF $CGGR

Northwest Financial Advisors increased its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 93.8% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 31,958 shares of the company’s stock after buying an additional 15,469 shares during the quarter. Capital Group Growth ETF comprises 2.5% of Northwest Financial Advisors’ holdings, making the stock its 12th largest position. Northwest Financial Advisors’ holdings in Capital Group Growth ETF were worth $1,284,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the business. Triumph Capital Management acquired a new position in shares of Capital Group Growth ETF in the 3rd quarter valued at $29,000. Mark Sheptoff Financial Planning LLC grew its stake in Capital Group Growth ETF by 88.7% during the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock worth $47,000 after purchasing an additional 500 shares in the last quarter. Avion Wealth purchased a new stake in shares of Capital Group Growth ETF during the fourth quarter worth approximately $68,000. Godfrey Financial Associates Inc. purchased a new stake in shares of Capital Group Growth ETF in the 4th quarter valued at approximately $78,000. Finally, WFA of San Diego LLC purchased a new position in Capital Group Growth ETF in the second quarter valued at $81,000.

Capital Group Growth ETF Stock Performance

CGGR opened at $47.07 on Thursday. The company has a market cap of $24.72 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a one year low of $38.55 and a one year high of $48.02. The business’s 50-day simple moving average is $46.02 and its 200-day simple moving average is $44.24.

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.