Capital Group Growth ETF $CGGR Shares Purchased by Beacon Financial Advisory LLC

Beacon Financial Advisory LLC grew its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 28.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 107,956 shares of the company’s stock after buying an additional 23,818 shares during the quarter. Capital Group Growth ETF accounts for 1.1% of Beacon Financial Advisory LLC’s portfolio, making the stock its 13th largest position. Beacon Financial Advisory LLC’s holdings in Capital Group Growth ETF were worth $4,388,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Golden State Wealth Management LLC purchased a new stake in Capital Group Growth ETF during the first quarter worth approximately $30,000. Exchange Traded Concepts LLC purchased a new stake in Capital Group Growth ETF during the second quarter worth approximately $921,000. CX Institutional purchased a new stake in Capital Group Growth ETF during the first quarter worth approximately $48,000. Wealth Enhancement Advisory Services LLC grew its stake in Capital Group Growth ETF by 4.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 2,007,955 shares of the company’s stock worth $68,772,000 after buying an additional 83,798 shares during the period. Finally, Lantz Financial LLC boosted its stake in shares of Capital Group Growth ETF by 2.5% in the second quarter. Lantz Financial LLC now owns 95,277 shares of the company’s stock valued at $3,873,000 after purchasing an additional 2,356 shares during the period.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $44.24 on Friday. The company has a market capitalization of $16.82 billion, a PE ratio of 30.88 and a beta of 1.09. The firm has a fifty day simple moving average of $42.78 and a 200-day simple moving average of $39.14. Capital Group Growth ETF has a twelve month low of $29.23 and a twelve month high of $44.71.

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.