Harbor Investment Advisory LLC Makes New Investment in Capital Group Growth ETF (NYSEARCA:CGGR)

Harbor Investment Advisory LLC bought a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 2,150 shares of the company’s stock, valued at approximately $80,000.

Several other large investors also recently bought and sold shares of CGGR. Mercer Global Advisors Inc. ADV grew its position in Capital Group Growth ETF by 11.3% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 14,923 shares of the company’s stock worth $491,000 after purchasing an additional 1,515 shares during the last quarter. Sei Investments Co. acquired a new stake in Capital Group Growth ETF during the 2nd quarter valued at approximately $25,735,000. Daymark Wealth Partners LLC lifted its stake in Capital Group Growth ETF by 3.4% during the 2nd quarter. Daymark Wealth Partners LLC now owns 208,535 shares of the company’s stock valued at $6,859,000 after acquiring an additional 6,841 shares during the period. Creative Planning lifted its stake in Capital Group Growth ETF by 25.5% during the 2nd quarter. Creative Planning now owns 21,858 shares of the company’s stock valued at $719,000 after acquiring an additional 4,435 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Capital Group Growth ETF by 3.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,771,174 shares of the company’s stock valued at $189,814,000 after acquiring an additional 194,550 shares during the period.

Capital Group Growth ETF Trading Up 1.0 %

Shares of NYSEARCA CGGR opened at $39.29 on Thursday. Capital Group Growth ETF has a 12 month low of $28.58 and a 12 month high of $39.54. The company has a 50 day simple moving average of $37.92 and a two-hundred day simple moving average of $35.35. The stock has a market cap of $6.69 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22.

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.