Latitude Advisors LLC Has $1.56 Million Stock Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Latitude Advisors LLC boosted its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 4.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,859 shares of the company’s stock after buying an additional 1,714 shares during the quarter. Capital Group Growth ETF makes up 0.9% of Latitude Advisors LLC’s holdings, making the stock its 23rd biggest holding. Latitude Advisors LLC’s holdings in Capital Group Growth ETF were worth $1,556,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Cassady Schiller Wealth Management LLC acquired a new stake in shares of Capital Group Growth ETF in the 3rd quarter valued at approximately $25,000. Oakworth Capital Inc. bought a new stake in shares of Capital Group Growth ETF during the fourth quarter worth $33,000. Archer Investment Corp increased its holdings in shares of Capital Group Growth ETF by 430.1% during the fourth quarter. Archer Investment Corp now owns 1,320 shares of the company’s stock worth $49,000 after buying an additional 1,071 shares in the last quarter. WFA of San Diego LLC bought a new position in shares of Capital Group Growth ETF in the 3rd quarter valued at $70,000. Finally, Harbor Investment Advisory LLC acquired a new stake in shares of Capital Group Growth ETF during the 4th quarter valued at $80,000.

Capital Group Growth ETF Stock Up 0.7 %

Shares of CGGR opened at $39.59 on Tuesday. The business has a 50-day simple moving average of $38.45 and a two-hundred day simple moving average of $35.91. Capital Group Growth ETF has a 12-month low of $29.51 and a 12-month high of $39.95. The stock has a market cap of $6.74 billion, a PE ratio of 28.99 and a beta of 1.22.

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.