Hopwood Financial Services Inc. Purchases New Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Hopwood Financial Services Inc. acquired a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 74,328 shares of the company’s stock, valued at approximately $2,763,000. Capital Group Growth ETF comprises about 2.1% of Hopwood Financial Services Inc.’s investment portfolio, making the stock its 11th largest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. boosted its holdings in shares of Capital Group Growth ETF by 2.0% during the 3rd quarter. Assetmark Inc. now owns 135,376 shares of the company’s stock valued at $4,710,000 after acquiring an additional 2,605 shares in the last quarter. Ashton Thomas Securities LLC bought a new position in Capital Group Growth ETF in the third quarter valued at about $95,000. Nations Financial Group Inc. IA ADV boosted its stake in shares of Capital Group Growth ETF by 21.7% during the third quarter. Nations Financial Group Inc. IA ADV now owns 13,489 shares of the company’s stock valued at $469,000 after purchasing an additional 2,405 shares in the last quarter. Apollon Wealth Management LLC grew its holdings in shares of Capital Group Growth ETF by 7.3% during the third quarter. Apollon Wealth Management LLC now owns 12,034 shares of the company’s stock worth $419,000 after purchasing an additional 814 shares during the last quarter. Finally, Harbour Investments Inc. raised its holdings in Capital Group Growth ETF by 12.4% in the 3rd quarter. Harbour Investments Inc. now owns 347,287 shares of the company’s stock valued at $12,082,000 after buying an additional 38,328 shares during the last quarter.

Capital Group Growth ETF Price Performance

NYSEARCA:CGGR opened at $34.20 on Wednesday. Capital Group Growth ETF has a one year low of $29.70 and a one year high of $39.96. The company has a market cap of $9.66 billion, a PE ratio of 29.74 and a beta of 1.16. The firm’s 50 day simple moving average is $38.16 and its 200 day simple moving average is $36.68.

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.