J. Derek Lewis & Associates Inc. Purchases New Position in Capital Group Growth ETF $CGGR

J. Derek Lewis & Associates Inc. acquired a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 471,036 shares of the company’s stock, valued at approximately $20,947,000. Capital Group Growth ETF makes up about 4.9% of J. Derek Lewis & Associates Inc.’s portfolio, making the stock its 3rd largest position.

Several other large investors also recently bought and sold shares of CGGR. Rockefeller Capital Management L.P. increased its position in shares of Capital Group Growth ETF by 593.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,289,258 shares of the company’s stock worth $57,333,000 after purchasing an additional 1,103,280 shares in the last quarter. World Investment Advisors lifted its holdings in shares of Capital Group Growth ETF by 25.2% in the 4th quarter. World Investment Advisors now owns 162,438 shares of the company’s stock valued at $7,224,000 after purchasing an additional 32,681 shares during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Capital Group Growth ETF in the 4th quarter valued at about $2,887,000. Storen Legacy Partners LLC acquired a new stake in shares of Capital Group Growth ETF in the 4th quarter valued at about $13,564,000. Finally, Worthington Financial Partners LLC acquired a new stake in shares of Capital Group Growth ETF in the 4th quarter valued at about $3,419,000.

Capital Group Growth ETF Price Performance

NYSEARCA:CGGR opened at $46.96 on Friday. The company has a market capitalization of $23.34 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 52-week low of $38.49 and a 52-week high of $48.02. The stock’s 50 day moving average price is $45.57 and its 200 day moving average price is $44.14.

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.