Axxcess Wealth Management LLC Boosts Stock Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Axxcess Wealth Management LLC raised its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 4.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 193,525 shares of the company’s stock after purchasing an additional 7,835 shares during the quarter. Axxcess Wealth Management LLC owned 0.11% of Capital Group Growth ETF worth $7,193,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Oakworth Capital Inc. purchased a new stake in shares of Capital Group Growth ETF in the fourth quarter worth about $33,000. Whipplewood Advisors LLC purchased a new stake in shares of Capital Group Growth ETF in the fourth quarter worth about $33,000. Larson Financial Group LLC purchased a new stake in shares of Capital Group Growth ETF in the fourth quarter worth about $38,000. Archer Investment Corp boosted its stake in shares of Capital Group Growth ETF by 430.1% in the fourth quarter. Archer Investment Corp now owns 1,320 shares of the company’s stock worth $49,000 after buying an additional 1,071 shares during the last quarter. Finally, WFA of San Diego LLC purchased a new stake in shares of Capital Group Growth ETF in the third quarter worth about $70,000.

Capital Group Growth ETF Stock Up 0.7 %

Shares of CGGR opened at $35.10 on Tuesday. Capital Group Growth ETF has a 52 week low of $29.70 and a 52 week high of $39.96. The company has a market capitalization of $10.06 billion, a price-to-earnings ratio of 28.51 and a beta of 1.16. The stock’s 50-day moving average price is $37.92 and its 200-day moving average price is $36.71.

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.