A&I Financial Services LLC Buys New Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

A&I Financial Services LLC purchased a new position in Capital Group Growth ETF (NYSEARCA:CGGR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 63,855 shares of the company’s stock, valued at approximately $2,374,000. Capital Group Growth ETF accounts for approximately 2.3% of A&I Financial Services LLC’s investment portfolio, making the stock its 9th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in CGGR. Cassady Schiller Wealth Management LLC purchased a new stake in Capital Group Growth ETF in the 3rd quarter worth $25,000. Oakworth Capital Inc. purchased a new stake in shares of Capital Group Growth ETF in the fourth quarter worth about $33,000. Whipplewood Advisors LLC purchased a new stake in shares of Capital Group Growth ETF in the fourth quarter worth about $33,000. Archer Investment Corp boosted its stake in Capital Group Growth ETF by 430.1% during the fourth quarter. Archer Investment Corp now owns 1,320 shares of the company’s stock valued at $49,000 after buying an additional 1,071 shares during the last quarter. Finally, WFA of San Diego LLC purchased a new position in Capital Group Growth ETF during the 3rd quarter valued at approximately $70,000.

Capital Group Growth ETF Price Performance

Shares of CGGR opened at $36.64 on Friday. The stock has a market capitalization of $6.24 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 $29.70 and a 1 year high of $39.96. The business’s 50 day simple moving average is $38.53 and its 200-day simple moving average is $36.49.

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.