Koshinski Asset Management Inc. Has $4.10 Million Stock Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Koshinski Asset Management Inc. lifted its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 9.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 110,315 shares of the company’s stock after buying an additional 9,662 shares during the period. Koshinski Asset Management Inc.’s holdings in Capital Group Growth ETF were worth $4,100,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Cassady Schiller Wealth Management LLC acquired a new position in Capital Group Growth ETF in the third quarter valued at about $25,000. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Capital Group Growth ETF during the 3rd quarter valued at about $35,000. Fairscale Capital LLC acquired a new position in shares of Capital Group Growth ETF in the 2nd quarter valued at approximately $39,000. Hershey Financial Advisers LLC acquired a new position in shares of Capital Group Growth ETF in the 2nd quarter valued at approximately $58,000. Finally, WFA of San Diego LLC bought a new stake in Capital Group Growth ETF during the 3rd quarter worth approximately $70,000.

Capital Group Growth ETF Stock Performance

Shares of CGGR opened at $38.50 on Tuesday. The firm has a market cap of $6.55 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a twelve month low of $28.00 and a twelve month high of $39.36. The firm’s 50 day moving average price is $37.86 and its two-hundred day moving average price is $35.29.

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.