Silver Oak Securities Incorporated Makes New Investment in Capital Group Growth ETF $CGGR

Silver Oak Securities Incorporated acquired a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 81,059 shares of the company’s stock, valued at approximately $3,258,000.

A number of other large investors have also recently made changes to their positions in the stock. Cora Capital Advisors LLC increased its position in shares of Capital Group Growth ETF by 11.1% in the 1st quarter. Cora Capital Advisors LLC now owns 55,369 shares of the company’s stock valued at $2,225,000 after acquiring an additional 5,516 shares during the period. Richards Merrill & Peterson Inc. lifted its position in Capital Group Growth ETF by 21.4% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 84,742 shares of the company’s stock worth $3,406,000 after acquiring an additional 14,965 shares during the period. Investment Advisory Services Inc. TX ADV lifted its position in Capital Group Growth ETF by 4.3% during the 1st quarter. Investment Advisory Services Inc. TX ADV now owns 55,293 shares of the company’s stock worth $2,222,000 after acquiring an additional 2,266 shares during the period. Trinity Wealth Management LLC grew its stake in Capital Group Growth ETF by 17.4% during the 1st quarter. Trinity Wealth Management LLC now owns 53,242 shares of the company’s stock valued at $2,140,000 after purchasing an additional 7,892 shares during the last quarter. Finally, Total Clarity Wealth Management Inc. grew its stake in Capital Group Growth ETF by 6.4% during the 1st quarter. Total Clarity Wealth Management Inc. now owns 151,093 shares of the company’s stock valued at $6,072,000 after purchasing an additional 9,122 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $45.63 on Thursday. The stock’s 50-day simple moving average is $45.79 and its 200-day simple moving average is $44.18. The firm has a market capitalization of $22.68 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a fifty-two week low of $38.55 and a fifty-two week high of $48.02.

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.