Carnegie Lake Advisors LLC Boosts Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Carnegie Lake Advisors LLC boosted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 44.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 11,641 shares of the company’s stock after purchasing an additional 3,563 shares during the period. Carnegie Lake Advisors LLC’s holdings in Capital Group Growth ETF were worth $433,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of CGGR. Northwest Financial Advisors increased its holdings in Capital Group Growth ETF by 1.9% in the fourth quarter. Northwest Financial Advisors now owns 14,892 shares of the company’s stock valued at $554,000 after buying an additional 280 shares in the last quarter. Cornerstone Wealth Management LLC grew its position in shares of Capital Group Growth ETF by 0.9% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 32,782 shares of the company’s stock valued at $1,140,000 after acquiring an additional 301 shares during the period. Professional Financial Advisors LLC increased its stake in shares of Capital Group Growth ETF by 1.0% in the 4th quarter. Professional Financial Advisors LLC now owns 31,361 shares of the company’s stock valued at $1,166,000 after purchasing an additional 304 shares in the last quarter. Stephens Inc. AR raised its holdings in Capital Group Growth ETF by 1.6% in the 4th quarter. Stephens Inc. AR now owns 19,138 shares of the company’s stock worth $711,000 after purchasing an additional 310 shares during the period. Finally, Signet Financial Management LLC boosted its position in Capital Group Growth ETF by 0.3% during the fourth quarter. Signet Financial Management LLC now owns 117,769 shares of the company’s stock worth $4,377,000 after purchasing an additional 382 shares in the last quarter.

Capital Group Growth ETF Trading Up 0.7 %

Shares of CGGR opened at $39.59 on Tuesday. The firm has a market cap of $6.74 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 12 month low of $29.51 and a 12 month high of $39.95. The stock’s 50 day moving average is $38.45 and its two-hundred day moving average is $35.91.

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.