Calton & Associates Inc. Has $3.27 Million Stock Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Calton & Associates Inc. lifted its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 1.2% during the 1st quarter, HoldingsChannel reports. The fund owned 102,049 shares of the company’s stock after buying an additional 1,235 shares during the period. Capital Group Growth ETF comprises approximately 1.6% of Calton & Associates Inc.’s portfolio, making the stock its 14th biggest holding. Calton & Associates Inc.’s holdings in Capital Group Growth ETF were worth $3,265,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of CGGR. Per Stirling Capital Management LLC. acquired a new stake in Capital Group Growth ETF during the fourth quarter worth $1,928,000. J Arnold Wealth Management Co acquired a new stake in Capital Group Growth ETF during the fourth quarter worth $314,000. Private Advisor Group LLC boosted its stake in Capital Group Growth ETF by 48.3% during the fourth quarter. Private Advisor Group LLC now owns 418,794 shares of the company’s stock worth $11,823,000 after buying an additional 136,369 shares in the last quarter. Brown Miller Wealth Management LLC boosted its stake in Capital Group Growth ETF by 6.7% during the fourth quarter. Brown Miller Wealth Management LLC now owns 17,990 shares of the company’s stock worth $508,000 after buying an additional 1,124 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its stake in Capital Group Growth ETF by 3.5% during the fourth quarter. Global Retirement Partners LLC now owns 827,746 shares of the company’s stock worth $23,293,000 after buying an additional 27,701 shares in the last quarter.

Capital Group Growth ETF Stock Down 0.6 %

CGGR traded down $0.18 during trading on Friday, reaching $32.89. 1,594,943 shares of the company’s stock were exchanged, compared to its average volume of 1,226,680. Capital Group Growth ETF has a fifty-two week low of $23.34 and a fifty-two week high of $33.32. The business has a 50 day moving average price of $31.85 and a 200 day moving average price of $30.62. The company has a market capitalization of $5.60 billion, a P/E ratio of 28.99 and a beta of 1.22.

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.