Canandaigua National Trust Co of Florida Acquires New Holdings in Capital Group Growth ETF $CGGR

Canandaigua National Trust Co of Florida bought a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 30,983 shares of the company’s stock, valued at approximately $1,470,000. Capital Group Growth ETF comprises about 0.8% of Canandaigua National Trust Co of Florida’s holdings, making the stock its 27th largest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bank of America Corp DE boosted its stake in Capital Group Growth ETF by 10.3% in the first quarter. Bank of America Corp DE now owns 14,193,836 shares of the company’s stock valued at $570,450,000 after acquiring an additional 1,320,686 shares in the last quarter. Cetera Investment Advisers increased its position in shares of Capital Group Growth ETF by 19.4% during the first quarter. Cetera Investment Advisers now owns 9,800,927 shares of the company’s stock worth $393,899,000 after purchasing an additional 1,593,112 shares in the last quarter. Royal Bank of Canada increased its position in shares of Capital Group Growth ETF by 30.1% during the first quarter. Royal Bank of Canada now owns 8,428,060 shares of the company’s stock worth $338,724,000 after purchasing an additional 1,952,001 shares in the last quarter. MML Investors Services LLC lifted its holdings in shares of Capital Group Growth ETF by 9.2% in the 4th quarter. MML Investors Services LLC now owns 3,643,866 shares of the company’s stock valued at $162,043,000 after purchasing an additional 305,755 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its holdings in shares of Capital Group Growth ETF by 17.3% in the 1st quarter. Kestra Advisory Services LLC now owns 3,021,423 shares of the company’s stock valued at $121,431,000 after purchasing an additional 445,273 shares during the last quarter.

Capital Group Growth ETF Trading Down 0.3%

Shares of NYSEARCA CGGR traded down $0.15 during trading hours on Wednesday, reaching $48.32. The stock had a trading volume of 2,251,841 shares, compared to its average volume of 3,081,373. The firm has a 50-day moving average of $46.92 and a 200-day moving average of $45.60. The firm has a market cap of $26.51 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a fifty-two week low of $38.55 and a fifty-two week high of $48.69.

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.