Wealth Science Advisors LLC Takes Position in Capital Group Growth ETF $CGGR

Wealth Science Advisors LLC acquired a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 667,396 shares of the company’s stock, valued at approximately $29,679,000. Capital Group Growth ETF accounts for about 17.1% of Wealth Science Advisors LLC’s holdings, making the stock its largest position.

Several other hedge funds have also recently made changes to their positions in the stock. Hazlett Burt & Watson Inc. increased its holdings in Capital Group Growth ETF by 806.5% during the third quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock valued at $25,000 after buying an additional 500 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new stake in Capital Group Growth ETF during the third quarter valued at approximately $25,000. New Millennium Group LLC purchased a new stake in Capital Group Growth ETF during the third quarter valued at approximately $25,000. Triumph Capital Management purchased a new stake in Capital Group Growth ETF during the third quarter valued at approximately $29,000. Finally, Fifth Third Bancorp increased its holdings in Capital Group Growth ETF by 285.9% during the third quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock valued at $30,000 after buying an additional 506 shares during the last quarter.

Capital Group Growth ETF Trading Down 1.3%

Shares of CGGR stock opened at $44.14 on Friday. Capital Group Growth ETF has a 12 month low of $33.35 and a 12 month high of $45.83. The stock has a market cap of $21.75 billion, a P/E ratio of 30.88 and a beta of 1.18. The company has a 50 day simple moving average of $42.26 and a two-hundred day simple moving average of $43.56.

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.