Oakworth Capital Inc. Buys Shares of 875 Capital Group Growth ETF (NYSEARCA:CGGR)

Oakworth Capital Inc. purchased a new position in Capital Group Growth ETF (NYSEARCA:CGGR) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 875 shares of the company’s stock, valued at approximately $33,000.

A number of other hedge funds also recently bought and sold shares of the company. Beacon Financial Advisory LLC grew its stake in shares of Capital Group Growth ETF by 6.6% during the 4th quarter. Beacon Financial Advisory LLC now owns 62,005 shares of the company’s stock valued at $2,305,000 after purchasing an additional 3,832 shares during the period. Bleakley Financial Group LLC boosted its holdings in shares of Capital Group Growth ETF by 13.1% in the fourth quarter. Bleakley Financial Group LLC now owns 126,461 shares of the company’s stock worth $4,701,000 after buying an additional 14,605 shares during the last quarter. Trilogy Capital Inc. grew its position in Capital Group Growth ETF by 9.8% during the fourth quarter. Trilogy Capital Inc. now owns 29,132 shares of the company’s stock valued at $1,083,000 after buying an additional 2,605 shares during the period. Confluence Wealth Services Inc. increased its holdings in Capital Group Growth ETF by 32.2% during the fourth quarter. Confluence Wealth Services Inc. now owns 859,190 shares of the company’s stock valued at $34,024,000 after buying an additional 209,274 shares during the last quarter. Finally, Stratos Wealth Partners LTD. raised its position in Capital Group Growth ETF by 17.3% in the fourth quarter. Stratos Wealth Partners LTD. now owns 30,439 shares of the company’s stock worth $1,131,000 after acquiring an additional 4,483 shares during the period.

Capital Group Growth ETF Price Performance

Shares of CGGR stock opened at $39.58 on Friday. The company has a market cap of $6.74 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 $29.51 and a 1 year high of $39.95. The firm has a fifty day moving average price of $38.39 and a 200-day moving average price of $35.78.

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.