Valmark Advisers Inc. Acquires 65,194 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Valmark Advisers Inc. grew its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 64.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 165,992 shares of the company’s stock after acquiring an additional 65,194 shares during the period. Valmark Advisers Inc.’s holdings in Capital Group Growth ETF were worth $4,686,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of CGGR. Sigma Planning Corp raised its stake in Capital Group Growth ETF by 233.9% during the third quarter. Sigma Planning Corp now owns 79,932 shares of the company’s stock worth $1,958,000 after buying an additional 55,994 shares during the last quarter. J Arnold Wealth Management Co bought a new position in Capital Group Growth ETF during the fourth quarter worth $314,000. Brown Miller Wealth Management LLC increased its stake in Capital Group Growth ETF by 6.7% in the fourth quarter. Brown Miller Wealth Management LLC now owns 17,990 shares of the company’s stock valued at $508,000 after purchasing an additional 1,124 shares in the last quarter. Global Retirement Partners LLC raised its holdings in shares of 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 valued at $23,293,000 after purchasing an additional 27,701 shares during the period. Finally, SOL Capital Management CO raised its holdings in shares of Capital Group Growth ETF by 43.3% during the fourth quarter. SOL Capital Management CO now owns 28,068 shares of the company’s stock valued at $792,000 after purchasing an additional 8,480 shares during the period.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA CGGR traded up $0.37 during trading on Friday, hitting $30.85. 1,036,904 shares of the company traded hands, compared to its average volume of 1,283,264. The business’s fifty day moving average is $31.29 and its 200 day moving average is $28.60. Capital Group Growth ETF has a fifty-two week low of $22.11 and a fifty-two week high of $32.35. The firm has a market capitalization of $5.17 billion, a price-to-earnings ratio of 28.76 and a beta of 1.09.

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.