Fermata Advisors LLC Has $1.38 Million Stock Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Fermata Advisors LLC increased its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 69.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,235 shares of the company’s stock after buying an additional 16,501 shares during the period. Fermata Advisors LLC’s holdings in Capital Group Growth ETF were worth $1,378,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in CGGR. Summit Global Investments grew its stake in Capital Group Growth ETF by 2.0% in the fourth quarter. Summit Global Investments now owns 15,043 shares of the company’s stock valued at $559,000 after acquiring an additional 300 shares during the period. Stephens Inc. AR grew its position in Capital Group Growth ETF by 1.6% in the 4th quarter. Stephens Inc. AR now owns 19,138 shares of the company’s stock valued at $711,000 after purchasing an additional 310 shares during the period. Meridian Wealth Management LLC grew its position in Capital Group Growth ETF by 0.5% in the 4th quarter. Meridian Wealth Management LLC now owns 72,699 shares of the company’s stock valued at $2,702,000 after purchasing an additional 332 shares during the period. Convergence Financial LLC grew its holdings in shares of Capital Group Growth ETF by 7.5% during the fourth quarter. Convergence Financial LLC now owns 6,251 shares of the company’s stock valued at $232,000 after buying an additional 437 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC grew its holdings in shares of Capital Group Growth ETF by 2.4% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 24,155 shares of the company’s stock valued at $898,000 after buying an additional 558 shares during the last quarter.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA CGGR opened at $38.83 on Thursday. The stock has a market capitalization of $12.15 billion, a P/E ratio of 29.42 and a beta of 1.16. The company has a 50-day moving average price of $35.25 and a 200-day moving average price of $36.84. Capital Group Growth ETF has a 1 year low of $29.23 and a 1 year high of $39.96.

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.