Beacon Financial Advisory LLC Has $2.02 Million Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Beacon Financial Advisory LLC lifted its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 18.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 58,173 shares of the company’s stock after acquiring an additional 8,986 shares during the period. Capital Group Growth ETF makes up about 0.7% of Beacon Financial Advisory LLC’s portfolio, making the stock its 26th largest holding. Beacon Financial Advisory LLC’s holdings in Capital Group Growth ETF were worth $2,024,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Cornerstone Wealth Management LLC lifted its stake in Capital Group Growth ETF by 0.9% during the third quarter. Cornerstone Wealth Management LLC now owns 32,782 shares of the company’s stock worth $1,140,000 after purchasing an additional 301 shares during the last quarter. WealthCare Investment Partners LLC boosted its stake in Capital Group Growth ETF by 1.2% in the second quarter. WealthCare Investment Partners LLC now owns 30,415 shares of the company’s stock valued at $1,000,000 after buying an additional 372 shares in the last quarter. Bill Few Associates Inc. grew its position in Capital Group Growth ETF by 2.6% in the third quarter. Bill Few Associates Inc. now owns 18,365 shares of the company’s stock valued at $639,000 after acquiring an additional 470 shares during the last quarter. U.S. Capital Wealth Advisors LLC raised its stake in Capital Group Growth ETF by 4.5% during the second quarter. U.S. Capital Wealth Advisors LLC now owns 11,731 shares of the company’s stock worth $386,000 after acquiring an additional 500 shares in the last quarter. Finally, Spire Wealth Management lifted its holdings in shares of Capital Group Growth ETF by 1.4% in the second quarter. Spire Wealth Management now owns 39,835 shares of the company’s stock worth $1,310,000 after acquiring an additional 565 shares during the last quarter.

Capital Group Growth ETF Trading Up 1.6 %

CGGR opened at $35.39 on Wednesday. The company’s 50 day moving average is $34.42 and its 200-day moving average is $33.07. The company has a market cap of $6.02 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 1-year low of $24.88 and a 1-year high of $35.92.

Capital Group Growth ETF Profile

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.