Fulton Bank N.A. Makes New $9.83 Million Investment in Capital Group Growth ETF $CGGR

Fulton Bank N.A. acquired a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 208,231 shares of the company’s stock, valued at approximately $9,829,000.

Several other hedge funds and other institutional investors have also made changes to their positions in CGGR. Triumph Capital Management bought a new stake in shares of Capital Group Growth ETF in the 3rd quarter worth about $29,000. Mark Sheptoff Financial Planning LLC grew its holdings 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 valued at $47,000 after purchasing an additional 500 shares during the last quarter. Avion Wealth bought a new position in Capital Group Growth ETF during the 4th quarter valued at about $68,000. Beacon Financial Strategies CORP purchased a new stake in Capital Group Growth ETF in the 2nd quarter worth about $80,000. Finally, Godfrey Financial Associates Inc. purchased a new stake in Capital Group Growth ETF in the 4th quarter worth about $78,000.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA CGGR opened at $47.01 on Tuesday. The company has a market cap of $25.30 billion, a P/E ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a 1 year low of $38.55 and a 1 year high of $48.02. The firm has a 50-day simple moving average of $46.11 and a two-hundred day simple moving average of $44.48.

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.