Oxinas Partners Wealth Management LLC Acquires Shares of 15,330 Capital Group Growth ETF (NYSEARCA:CGGR)

Oxinas Partners Wealth Management LLC acquired a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,330 shares of the company’s stock, valued at approximately $570,000.

Several other institutional investors have also added to or reduced their stakes in the business. LPL Financial LLC increased its position in shares of Capital Group Growth ETF by 24.6% in the third quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock worth $432,724,000 after purchasing an additional 2,456,913 shares during the last quarter. Kestra Investment Management LLC bought a new position in shares of Capital Group Growth ETF in the second quarter worth approximately $44,429,000. Sanctuary Advisors LLC bought a new position in shares of Capital Group Growth ETF in the second quarter worth approximately $25,746,000. Sei Investments Co. bought a new position in shares of Capital Group Growth ETF in the second quarter worth approximately $25,735,000. Finally, Summit Investment Advisory Services LLC bought a new position in shares of Capital Group Growth ETF in the third quarter worth approximately $27,099,000.

Capital Group Growth ETF Trading Up 1.1 %

CGGR stock opened at $38.92 on Wednesday. The company’s 50 day moving average is $37.88 and its 200 day moving average is $35.32. The stock has a market cap of $6.62 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 1-year low of $28.58 and a 1-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.