Capital Group Growth ETF (NYSEARCA:CGGR) Reaches New 52-Week High at $34.68

Capital Group Growth ETF (NYSEARCA:CGGR)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $34.68 and last traded at $34.59, with a volume of 61392 shares. The stock had previously closed at $34.54.

Capital Group Growth ETF Trading Down 0.1 %

The firm’s fifty day moving average is $32.90 and its 200-day moving average is $32.30. The stock has a market capitalization of $5.88 billion, a PE ratio of 28.99 and a beta of 1.22.

Institutional Investors Weigh In On Capital Group Growth ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. D.A. Davidson & CO. raised its position in Capital Group Growth ETF by 5.1% in the fourth quarter. D.A. Davidson & CO. now owns 27,554 shares of the company’s stock valued at $778,000 after purchasing an additional 1,343 shares during the period. Orion Portfolio Solutions LLC boosted its position in Capital Group Growth ETF by 13.4% in the 4th quarter. Orion Portfolio Solutions LLC now owns 48,180 shares of the company’s stock valued at $1,352,000 after buying an additional 5,701 shares during the period. Nations Financial Group Inc. IA ADV acquired a new position in shares of Capital Group Growth ETF in the fourth quarter worth $207,000. Steward Partners Investment Advisory LLC increased its position in shares of Capital Group Growth ETF by 4.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 158,681 shares of the company’s stock worth $4,480,000 after acquiring an additional 6,581 shares during the period. Finally, Stifel Financial Corp raised its stake in shares of Capital Group Growth ETF by 21.4% in the fourth quarter. Stifel Financial Corp now owns 873,169 shares of the company’s stock valued at $24,650,000 after acquiring an additional 154,003 shares in the last quarter.

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.