Capital Group Growth ETF (NYSEARCA:CGGR) is New England Capital Financial Advisors LLC’s Largest Position

New England Capital Financial Advisors LLC decreased its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 0.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,624,974 shares of the company’s stock after selling 11,620 shares during the quarter. Capital Group Growth ETF comprises approximately 27.6% of New England Capital Financial Advisors LLC’s portfolio, making the stock its biggest holding. New England Capital Financial Advisors LLC owned about 1.66% of Capital Group Growth ETF worth $45,873,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Northwest Capital Management Inc purchased a new position in Capital Group Growth ETF in the fourth quarter worth $32,000. Tennessee Valley Asset Management Partners purchased a new position in shares of Capital Group Growth ETF in the fourth quarter valued at $33,000. Winch Advisory Services LLC increased its position in shares of Capital Group Growth ETF by 218.7% in the fourth quarter. Winch Advisory Services LLC now owns 1,463 shares of the company’s stock valued at $41,000 after buying an additional 1,004 shares in the last quarter. Pinnacle Bancorp Inc. increased its position in shares of Capital Group Growth ETF by 150.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,500 shares of the company’s stock valued at $42,000 after buying an additional 900 shares in the last quarter. Finally, First Horizon Advisors Inc. purchased a new position in shares of Capital Group Growth ETF in the third quarter valued at $46,000.

Capital Group Growth ETF Trading Up 2.0 %

Shares of CGGR stock traded up $0.59 during mid-day trading on Tuesday, reaching $30.81. The stock had a trading volume of 1,750,254 shares, compared to its average volume of 1,285,790. Capital Group Growth ETF has a 12-month low of $21.83 and a 12-month high of $32.35. The company has a market cap of $5.17 billion, a P/E ratio of 28.76 and a beta of 1.09. The business has a 50-day simple moving average of $31.27 and a 200 day simple moving average of $28.50.

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.