Accel Wealth Management Acquires 23,028 Shares of Capital Group Growth ETF $CGGR

Accel Wealth Management grew its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 22.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 124,520 shares of the company’s stock after acquiring an additional 23,028 shares during the period. Capital Group Growth ETF accounts for approximately 1.5% of Accel Wealth Management’s portfolio, making the stock its 16th largest holding. Accel Wealth Management’s holdings in Capital Group Growth ETF were worth $5,537,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Hazlett Burt & Watson Inc. lifted its holdings in Capital Group Growth ETF by 806.5% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock worth $25,000 after purchasing an additional 500 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new stake in shares of Capital Group Growth ETF in the third quarter worth about $25,000. New Millennium Group LLC purchased a new stake in shares of Capital Group Growth ETF in the third quarter worth about $25,000. Triumph Capital Management bought a new position in shares of Capital Group Growth ETF in the third quarter valued at approximately $29,000. Finally, Fifth Third Bancorp boosted its position in shares of Capital Group Growth ETF by 285.9% in the third quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock valued at $30,000 after acquiring an additional 506 shares during the period.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA:CGGR opened at $40.41 on Friday. The company has a 50 day moving average of $42.47 and a 200 day moving average of $43.65. The stock has a market cap of $19.57 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 12 month low of $29.23 and a 12 month high of $45.83.

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.