Capital Group Growth ETF (NYSEARCA:CGGR) Sets New 1-Year High at $33.10

Capital Group Growth ETF (NYSEARCA:CGGR) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $33.10 and last traded at $33.06, with a volume of 423413 shares. The stock had previously closed at $33.04.

Capital Group Growth ETF Stock Up 0.2 %

The company’s fifty day moving average is $31.79 and its 200 day moving average is $30.58. The stock has a market cap of $5.64 billion, a PE ratio of 28.99 and a beta of 1.22.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Northwest Capital Management Inc bought a new position in shares of Capital Group Growth ETF during the fourth quarter worth about $32,000. Tennessee Valley Asset Management Partners bought a new stake in shares of Capital Group Growth ETF in the 4th quarter valued at approximately $33,000. Transcendent Capital Group LLC acquired a new stake in shares of Capital Group Growth ETF during the 4th quarter valued at approximately $33,000. Winch Advisory Services LLC lifted its stake in Capital Group Growth ETF by 218.7% during the fourth quarter. Winch Advisory Services LLC now owns 1,463 shares of the company’s stock worth $41,000 after purchasing an additional 1,004 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its stake in Capital Group Growth ETF by 146.5% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,282 shares of the company’s stock valued at $41,000 after purchasing an additional 762 shares during the last quarter.

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.