Royal Harbor Partners LLC Purchases New Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Royal Harbor Partners LLC bought a new position in Capital Group Growth ETF (NYSEARCA:CGGR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 421,991 shares of the company’s stock, valued at approximately $15,685,000. Capital Group Growth ETF comprises approximately 5.9% of Royal Harbor Partners LLC’s investment portfolio, making the stock its 6th biggest position. Royal Harbor Partners LLC owned approximately 0.25% of Capital Group Growth ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CGGR. Cassady Schiller Wealth Management LLC acquired a new stake in Capital Group Growth ETF in the 3rd quarter worth approximately $25,000. Oakworth Capital Inc. acquired a new stake in Capital Group Growth ETF in the 4th quarter worth approximately $33,000. Whipplewood Advisors LLC acquired a new position in shares of Capital Group Growth ETF during the fourth quarter worth approximately $33,000. Archer Investment Corp lifted 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 during the last quarter. Finally, WFA of San Diego LLC acquired a new position in shares of Capital Group Growth ETF during the third quarter worth approximately $70,000.

Capital Group Growth ETF Stock Up 1.9 %

Shares of CGGR stock opened at $36.70 on Thursday. Capital Group Growth ETF has a 12 month low of $29.70 and a 12 month high of $39.96. The firm has a market cap of $10.36 billion, a PE ratio of 29.74 and a beta of 1.16. The stock has a 50 day moving average of $38.43 and a 200-day moving average of $36.62.

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.