Acas LLC Purchases 42,572 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Acas LLC grew its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 76.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 98,226 shares of the company’s stock after buying an additional 42,572 shares during the period. Capital Group Growth ETF accounts for approximately 3.2% of Acas LLC’s investment portfolio, making the stock its 8th largest holding. Acas LLC owned approximately 0.10% of Capital Group Growth ETF worth $2,773,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. National Wealth Management Group LLC acquired a new stake in Capital Group Growth ETF during the 4th quarter worth $339,000. Townsend Asset Management Corp NC ADV grew its stake in shares of Capital Group Growth ETF by 15.3% during the fourth quarter. Townsend Asset Management Corp NC ADV now owns 112,619 shares of the company’s stock worth $3,179,000 after purchasing an additional 14,920 shares during the period. Northwest Capital Management Inc bought a new stake in Capital Group Growth ETF in the fourth quarter valued at about $32,000. CWM LLC lifted its stake in Capital Group Growth ETF by 105.7% in the fourth quarter. CWM LLC now owns 347,622 shares of the company’s stock valued at $9,813,000 after buying an additional 178,594 shares during the period. Finally, J.W. Cole Advisors Inc. bought a new position in Capital Group Growth ETF during the fourth quarter worth about $226,000.

Capital Group Growth ETF Trading Down 2.0 %

Shares of CGGR stock traded down $0.60 on Thursday, reaching $30.15. The company had a trading volume of 242,302 shares, compared to its average volume of 1,275,747. The stock has a market cap of $5.06 billion, a PE ratio of 28.76 and a beta of 1.09. The company has a 50-day moving average of $31.27 and a 200-day moving average of $28.50. Capital Group Growth ETF has a 12 month low of $21.83 and a 12 month 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.