Octavia Wealth Advisors LLC Buys Shares of 17,829 Capital Group Growth ETF (NYSEARCA:CGGR)

Octavia Wealth Advisors LLC purchased a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 17,829 shares of the company’s stock, valued at approximately $503,000.

A number of other institutional investors also recently modified their holdings of CGGR. Envestnet Asset Management Inc. bought a new position in Capital Group Growth ETF in the first quarter valued at about $351,000. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Capital Group Growth ETF in the 1st quarter valued at approximately $1,109,000. Captrust Financial Advisors bought a new stake in shares of Capital Group Growth ETF during the 1st quarter valued at approximately $209,000. Capital International Investors acquired a new position in Capital Group Growth ETF during the 1st quarter worth approximately $25,035,000. Finally, UBS Group AG acquired a new position in Capital Group Growth ETF during the 2nd quarter worth approximately $492,000.

Capital Group Growth ETF Price Performance

Shares of Capital Group Growth ETF stock opened at $30.87 on Wednesday. The company’s 50 day moving average price is $31.24 and its two-hundred day moving average price is $28.29. The firm has a market capitalization of $3.02 billion, a P/E ratio of 18.26 and a beta of 1.09. Capital Group Growth ETF has a fifty-two week low of $21.83 and a fifty-two week high of $32.35.

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.