SteelPeak Wealth LLC Grows Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

SteelPeak Wealth LLC increased its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 10.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 17,757 shares of the company’s stock after purchasing an additional 1,677 shares during the period. SteelPeak Wealth LLC’s holdings in Capital Group Growth ETF were worth $660,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Cassady Schiller Wealth Management LLC purchased a new position in shares of Capital Group Growth ETF in the third quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC purchased a new position in Capital Group Growth ETF in the 3rd quarter valued at approximately $35,000. WFA of San Diego LLC acquired a new position in shares of Capital Group Growth ETF in the third quarter worth $70,000. Harbor Investment Advisory LLC purchased a new stake in shares of Capital Group Growth ETF during the fourth quarter worth $80,000. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of Capital Group Growth ETF in the third quarter valued at $95,000.

Capital Group Growth ETF Price Performance

CGGR opened at $39.39 on Friday. The business has a fifty day moving average price of $38.20 and a 200 day moving average price of $35.57. Capital Group Growth ETF has a 12 month low of $28.78 and a 12 month high of $39.71. The stock has a market capitalization of $6.70 billion, a price-to-earnings 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.