OneAscent Financial Services LLC Invests $205,000 in Capital Group Growth ETF (NYSEARCA:CGGR)

OneAscent Financial Services LLC bought a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 5,522 shares of the company’s stock, valued at approximately $205,000.

Other large investors have also recently added to or reduced their stakes in the company. National Wealth Management Group LLC grew its holdings in Capital Group Growth ETF by 31.0% in the 4th quarter. National Wealth Management Group LLC now owns 19,659 shares of the company’s stock valued at $731,000 after buying an additional 4,648 shares during the period. Riggs Capital Management LLC purchased a new stake in Capital Group Growth ETF in the fourth quarter valued at approximately $1,255,000. O Shaughnessy Asset Management LLC acquired a new position in Capital Group Growth ETF during the fourth quarter worth approximately $208,000. BlueChip Wealth Advisors LLC raised its stake in Capital Group Growth ETF by 1.6% during the fourth quarter. BlueChip Wealth Advisors LLC now owns 139,980 shares of the company’s stock worth $5,203,000 after purchasing an additional 2,213 shares during the period. Finally, RiverFront Investment Group LLC acquired a new position in shares of Capital Group Growth ETF in the 4th quarter valued at $404,000.

Capital Group Growth ETF Stock Down 6.3 %

Shares of NYSEARCA CGGR opened at $30.85 on Friday. The stock has a market capitalization of $8.95 billion, a PE ratio of 27.00 and a beta of 1.17. The firm has a fifty day moving average of $36.91 and a 200-day moving average of $36.83. Capital Group Growth ETF has a 52-week low of $29.70 and a 52-week high of $39.96.

Capital Group Growth ETF 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.