Balboa Wealth Partners Acquires New Shares in Capital Group Growth ETF $CGGR

Balboa Wealth Partners acquired a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 11,750 shares of the company’s stock, valued at approximately $478,000.

Several other institutional investors and hedge funds have also modified their holdings of CGGR. Flagship Harbor Advisors LLC lifted its stake in shares of Capital Group Growth ETF by 16.9% in the 1st quarter. Flagship Harbor Advisors LLC now owns 165,452 shares of the company’s stock valued at $5,667,000 after purchasing an additional 23,948 shares during the last quarter. Continuum Advisory LLC lifted its stake in shares of Capital Group Growth ETF by 10.0% in the 1st quarter. Continuum Advisory LLC now owns 81,875 shares of the company’s stock valued at $2,804,000 after purchasing an additional 7,433 shares during the last quarter. EQ Wealth Advisors LLC lifted its stake in shares of Capital Group Growth ETF by 30.8% in the 1st quarter. EQ Wealth Advisors LLC now owns 204,138 shares of the company’s stock valued at $6,992,000 after purchasing an additional 48,067 shares during the last quarter. Oppenheimer & Co. Inc. raised its holdings in Capital Group Growth ETF by 16.7% in the 1st quarter. Oppenheimer & Co. Inc. now owns 139,573 shares of the company’s stock worth $4,780,000 after acquiring an additional 19,978 shares during the period. Finally, Valmark Advisers Inc. raised its holdings in Capital Group Growth ETF by 24.7% in the 1st quarter. Valmark Advisers Inc. now owns 500,718 shares of the company’s stock worth $17,150,000 after acquiring an additional 99,166 shares during the period.

Capital Group Growth ETF Price Performance

Shares of CGGR opened at $44.55 on Tuesday. The company has a market capitalization of $17.07 billion, a PE ratio of 30.88 and a beta of 1.09. Capital Group Growth ETF has a one year low of $29.23 and a one year high of $44.71. The company’s fifty day moving average price is $43.32 and its 200 day moving average price is $39.90.

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.