Kera Capital Partners Inc. Buys Shares of 124,478 Capital Group Growth ETF (NYSEARCA:CGGR)

Kera Capital Partners Inc. purchased a new position in Capital Group Growth ETF (NYSEARCA:CGGR) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 124,478 shares of the company’s stock, valued at approximately $4,627,000. Capital Group Growth ETF accounts for 1.3% of Kera Capital Partners Inc.’s holdings, making the stock its 23rd biggest position. Kera Capital Partners Inc. owned approximately 0.07% of Capital Group Growth ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Ameritas Advisory Services LLC grew its position in Capital Group Growth ETF by 30.4% in the 4th quarter. Ameritas Advisory Services LLC now owns 390,714 shares of the company’s stock valued at $14,523,000 after acquiring an additional 91,074 shares during the last quarter. LongView Wealth Management grew its holdings in shares of Capital Group Growth ETF by 4.9% in the fourth quarter. LongView Wealth Management now owns 298,455 shares of the company’s stock worth $11,094,000 after purchasing an additional 13,957 shares during the last quarter. Merit Financial Group LLC grew its holdings in shares of Capital Group Growth ETF by 11.2% in the fourth quarter. Merit Financial Group LLC now owns 118,717 shares of the company’s stock worth $4,413,000 after purchasing an additional 11,920 shares during the last quarter. Wealthcare Advisory Partners LLC increased its stake in Capital Group Growth ETF by 5.6% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 908,484 shares of the company’s stock worth $33,768,000 after buying an additional 47,916 shares during the period. Finally, Goldstone Financial Group LLC lifted its holdings in Capital Group Growth ETF by 30.0% during the 4th quarter. Goldstone Financial Group LLC now owns 8,169 shares of the company’s stock valued at $304,000 after buying an additional 1,885 shares in the last quarter.

Capital Group Growth ETF Price Performance

Shares of CGGR stock opened at $38.50 on Friday. The company has a market capitalization of $6.55 billion, a P/E ratio of 28.99 and a beta of 1.22. The company’s 50-day simple moving average is $37.84 and its two-hundred day simple moving average is $35.24. Capital Group Growth ETF has a one year low of $28.00 and a one year high of $39.36.

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.