HBW Advisory Services LLC Purchases 1,316 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

HBW Advisory Services LLC increased its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 1.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 98,256 shares of the company’s stock after purchasing an additional 1,316 shares during the quarter. HBW Advisory Services LLC owned approximately 0.06% of Capital Group Growth ETF worth $3,418,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Park Avenue Securities LLC grew its stake in shares of Capital Group Growth ETF by 9.3% in the third quarter. Park Avenue Securities LLC now owns 17,295 shares of the company’s stock worth $602,000 after acquiring an additional 1,471 shares during the last quarter. Cim LLC raised its holdings in shares of Capital Group Growth ETF by 30.9% during the second quarter. Cim LLC now owns 12,081 shares of the company’s stock valued at $394,000 after purchasing an additional 2,850 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in Capital Group Growth ETF in the second quarter worth approximately $25,746,000. Kestra Investment Management LLC bought a new stake in Capital Group Growth ETF in the 2nd quarter worth approximately $44,429,000. Finally, Souders Financial Advisors raised its stake in Capital Group Growth ETF by 3.0% during the 2nd quarter. Souders Financial Advisors now owns 219,936 shares of the company’s stock valued at $7,234,000 after buying an additional 6,460 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock traded up $0.35 on Friday, reaching $34.84. The stock had a trading volume of 579,851 shares, compared to its average volume of 1,187,850. The stock has a market cap of $5.93 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 1 year low of $23.34 and a 1 year high of $35.04. The company has a 50 day simple moving average of $33.16 and a 200 day simple moving average of $32.47.

Capital Group Growth ETF Company Profile

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.