Capital Group Growth ETF (NYSEARCA:CGGR) is Financial Council LLC’s 2nd Largest Position

Financial Council LLC grew its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 2.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 421,643 shares of the company’s stock after purchasing an additional 8,209 shares during the quarter. Capital Group Growth ETF makes up about 7.6% of Financial Council LLC’s holdings, making the stock its 2nd largest position. Financial Council LLC owned 0.25% of Capital Group Growth ETF worth $14,669,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. CreativeOne Wealth LLC purchased a new position in shares of Capital Group Growth ETF during the first quarter worth approximately $236,000. Captrust Financial Advisors increased its stake in Capital Group Growth ETF by 3.4% in the first quarter. Captrust Financial Advisors now owns 626,912 shares of the company’s stock valued at $20,055,000 after purchasing an additional 20,443 shares during the period. Vawter Financial Ltd. raised its holdings in shares of Capital Group Growth ETF by 2.4% in the first quarter. Vawter Financial Ltd. now owns 127,796 shares of the company’s stock valued at $4,088,000 after buying an additional 2,947 shares during the last quarter. Investmark Advisory Group LLC boosted its stake in shares of Capital Group Growth ETF by 1.8% during the first quarter. Investmark Advisory Group LLC now owns 211,855 shares of the company’s stock worth $6,777,000 after buying an additional 3,841 shares during the period. Finally, National Wealth Management Group LLC grew its holdings in shares of Capital Group Growth ETF by 6.8% during the first quarter. National Wealth Management Group LLC now owns 12,813 shares of the company’s stock worth $410,000 after buying an additional 816 shares during the last quarter.

Capital Group Growth ETF Stock Up 0.6 %

Shares of CGGR stock opened at $37.48 on Friday. Capital Group Growth ETF has a 52-week low of $26.33 and a 52-week high of $37.76. The stock’s 50-day moving average price is $35.50 and its 200 day moving average price is $33.61. The stock has a market capitalization of $6.38 billion, a PE ratio of 28.99 and a beta of 1.22.

Capital Group Growth ETF Company 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.