Commerce Bank Buys Shares of 9,646 Capital Group Growth ETF (NYSEARCA:CGGR)

Commerce Bank purchased a new position in Capital Group Growth ETF (NYSEARCA:CGGR) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 9,646 shares of the company’s stock, valued at approximately $336,000.

Several other institutional investors and hedge funds have also made changes to their positions in CGGR. Cassady Schiller Wealth Management LLC purchased a new position in Capital Group Growth ETF in the 3rd quarter valued at about $25,000. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Capital Group Growth ETF in the third quarter valued at approximately $35,000. GAMMA Investing LLC purchased a new position in shares of Capital Group Growth ETF during the second quarter valued at approximately $38,000. Fairscale Capital LLC purchased a new position in shares of Capital Group Growth ETF during the second quarter valued at approximately $39,000. Finally, Hershey Financial Advisers LLC acquired a new stake in Capital Group Growth ETF during the second quarter worth approximately $58,000.

Capital Group Growth ETF Stock Performance

Shares of CGGR opened at $37.56 on Wednesday. Capital Group Growth ETF has a fifty-two week low of $26.33 and a fifty-two week high of $37.83. The company has a market capitalization of $6.39 billion, a PE ratio of 28.99 and a beta of 1.22. The stock has a fifty day moving average of $35.58 and a two-hundred day moving average of $33.69.

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.