33,950 Shares in Capital Group Growth ETF (NYSEARCA:CGGR) Bought by NavPoint Financial Inc.

NavPoint Financial Inc. bought a new position in Capital Group Growth ETF (NYSEARCA:CGGR) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 33,950 shares of the company’s stock, valued at approximately $958,000. Capital Group Growth ETF accounts for 0.9% of NavPoint Financial Inc.’s investment portfolio, making the stock its 24th largest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northwest Capital Management Inc acquired a new position in Capital Group Growth ETF in the 4th quarter worth $32,000. Tennessee Valley Asset Management Partners acquired a new position in Capital Group Growth ETF in the 4th quarter worth $33,000. Winch Advisory Services LLC boosted its stake in shares of 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 buying an additional 1,004 shares during the last quarter. Pinnacle Bancorp Inc. grew its holdings in shares of Capital Group Growth ETF by 150.0% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,500 shares of the company’s stock valued at $42,000 after acquiring an additional 900 shares in the last quarter. Finally, First Horizon Advisors Inc. bought a new position in shares of Capital Group Growth ETF in the 3rd quarter valued at about $46,000.

Capital Group Growth ETF Trading Up 1.1 %

Shares of NYSEARCA CGGR traded up $0.35 during mid-day trading on Friday, hitting $30.90. The company had a trading volume of 1,601,850 shares, compared to its average volume of 1,283,323. The company has a market capitalization of $5.26 billion, a PE ratio of 28.99 and a beta of 1.22. The firm has a 50-day simple moving average of $31.31 and a two-hundred day simple moving average of $28.77. Capital Group Growth ETF has a one year low of $22.14 and a one year high of $32.35.

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.