Acas LLC Purchases 42,572 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Acas LLC increased its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 76.5% in the fourth quarter, Holdings Channel reports. The firm owned 98,226 shares of the company’s stock after buying an additional 42,572 shares during the period. Capital Group Growth ETF comprises 3.2% of Acas LLC’s investment portfolio, making the stock its 8th largest holding. Acas LLC’s holdings in Capital Group Growth ETF were worth $2,773,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Northwest Capital Management Inc acquired a new stake in Capital Group Growth ETF in the 4th quarter valued at approximately $32,000. Tennessee Valley Asset Management Partners purchased a new stake in shares of Capital Group Growth ETF in the 4th quarter valued at $33,000. Winch Advisory Services LLC lifted its stake in Capital Group Growth ETF by 218.7% during the 4th quarter. Winch Advisory Services LLC now owns 1,463 shares of the company’s stock worth $41,000 after acquiring an additional 1,004 shares in the last quarter. Pinnacle Bancorp Inc. lifted its stake in Capital Group Growth ETF by 150.0% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,500 shares of the company’s stock worth $42,000 after acquiring an additional 900 shares in the last quarter. Finally, First Horizon Advisors Inc. purchased a new position in Capital Group Growth ETF during the 3rd quarter valued at about $46,000.

Capital Group Growth ETF Stock Down 2.0 %

NYSEARCA CGGR traded down $0.60 during trading on Thursday, hitting $30.15. The stock had a trading volume of 242,302 shares, compared to its average volume of 1,275,747. The company has a market capitalization of $5.06 billion, a PE ratio of 28.76 and a beta of 1.09. Capital Group Growth ETF has a twelve month low of $21.83 and a twelve month high of $32.35. The firm has a 50 day moving average price of $31.27 and a 200 day moving average price of $28.50.

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.