Colonial River Investments LLC Acquires 17,970 Shares of Capital Group Growth ETF $CGGR

Colonial River Investments LLC grew its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 6.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 284,130 shares of the company’s stock after purchasing an additional 17,970 shares during the period. Capital Group Growth ETF comprises 4.5% of Colonial River Investments LLC’s holdings, making the stock its 3rd largest holding. Colonial River Investments LLC’s holdings in Capital Group Growth ETF were worth $12,635,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in CGGR. Hazlett Burt & Watson Inc. grew its position in shares of Capital Group Growth ETF by 806.5% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock worth $25,000 after purchasing an additional 500 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of Capital Group Growth ETF during the 3rd quarter worth approximately $25,000. New Millennium Group LLC acquired a new position in shares of Capital Group Growth ETF during the 3rd quarter worth approximately $25,000. Triumph Capital Management acquired a new position in shares of Capital Group Growth ETF during the 3rd quarter worth approximately $29,000. Finally, Fifth Third Bancorp grew its position in shares of Capital Group Growth ETF by 285.9% during the 3rd quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock worth $30,000 after purchasing an additional 506 shares in the last quarter.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA:CGGR opened at $46.25 on Monday. The company’s 50 day moving average price is $42.59 and its two-hundred day moving average price is $43.61. Capital Group Growth ETF has a 12-month low of $35.78 and a 12-month high of $46.37. The firm has a market cap of $22.99 billion, a PE ratio of 30.88 and a beta of 1.17.

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.