Synergy Investment Management LLC Makes New $2.31 Million Investment in Capital Group Growth ETF (NYSEARCA:CGGR)

Synergy Investment Management LLC acquired a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGRFree Report) in the 4th quarter, Holdings Channel reports. The fund acquired 62,255 shares of the company’s stock, valued at approximately $2,314,000. Capital Group Growth ETF makes up about 1.0% of Synergy Investment Management LLC’s portfolio, making the stock its 27th biggest holding.

Several other large investors have also modified their holdings of the stock. Cassady Schiller Wealth Management LLC purchased a new stake in Capital Group Growth ETF in the third quarter valued at $25,000. Oakworth Capital Inc. acquired a new stake in shares of Capital Group Growth ETF during the fourth quarter worth about $33,000. Whipplewood Advisors LLC purchased a new stake in shares of Capital Group Growth ETF in the 4th quarter valued at about $33,000. Archer Investment Corp boosted its position in shares of Capital Group Growth ETF by 430.1% in the 4th quarter. Archer Investment Corp now owns 1,320 shares of the company’s stock valued at $49,000 after purchasing an additional 1,071 shares during the period. Finally, WFA of San Diego LLC purchased a new position in Capital Group Growth ETF during the 3rd quarter worth approximately $70,000.

Capital Group Growth ETF Stock Down 2.2 %

CGGR opened at $36.45 on Tuesday. The firm has a market cap of $10.29 billion, a price-to-earnings ratio of 29.74 and a beta of 1.16. Capital Group Growth ETF has a 52 week low of $29.70 and a 52 week high of $39.96. The business’s 50 day moving average is $38.49 and its two-hundred day moving average is $36.60.

About Capital Group Growth ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Capital Group Growth ETF (NYSEARCA:CGGR)

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