RFG Advisory LLC Increases Position in Capital Group Growth ETF (NYSEARCA:CGGR)

RFG Advisory LLC grew its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 1,034.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 83,302 shares of the company’s stock after buying an additional 75,957 shares during the period. RFG Advisory LLC’s holdings in Capital Group Growth ETF were worth $3,096,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Cassady Schiller Wealth Management LLC purchased a new stake in shares of Capital Group Growth ETF in the 3rd quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Capital Group Growth ETF in the 3rd quarter valued at approximately $35,000. Hershey Financial Advisers LLC purchased a new stake in shares of Capital Group Growth ETF in the 2nd quarter valued at approximately $58,000. WFA of San Diego LLC purchased a new stake in shares of Capital Group Growth ETF in the 3rd quarter valued at approximately $70,000. Finally, Harbor Investment Advisory LLC acquired a new position in shares of Capital Group Growth ETF in the 4th quarter worth approximately $80,000.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $39.50 on Friday. The firm’s 50 day moving average price is $38.04 and its 200-day moving average price is $35.42. Capital Group Growth ETF has a one year low of $28.78 and a one year high of $39.71. The firm has a market cap of $6.72 billion, a P/E 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.