Brookstone Capital Management raised its holdings in Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 43.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 135,216 shares of the company’s stock after acquiring an additional 41,132 shares during the period. Brookstone Capital Management’s holdings in Capital Group Growth ETF were worth $6,382,000 at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. Triumph Capital Management purchased a new position in shares of Capital Group Growth ETF during the third quarter worth about $29,000. Mark Sheptoff Financial Planning LLC lifted its position in Capital Group Growth ETF by 88.7% during the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock valued at $47,000 after purchasing an additional 500 shares during the last quarter. Godfrey Financial Associates Inc. bought a new stake in Capital Group Growth ETF during the fourth quarter valued at approximately $78,000. Beacon Financial Strategies CORP purchased a new position in Capital Group Growth ETF in the 2nd quarter worth approximately $80,000. Finally, WFA of San Diego LLC purchased a new position in Capital Group Growth ETF in the 2nd quarter worth approximately $81,000.
Capital Group Growth ETF Price Performance
Shares of NYSEARCA:CGGR opened at $47.03 on Thursday. The company’s fifty day moving average price is $46.10 and its 200-day moving average price is $44.51. The firm has a market capitalization of $25.31 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a one year low of $38.55 and a one year 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.
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