Vestmark Advisory Solutions Inc. Boosts Holdings in Capital Group Growth ETF $CGGR

Vestmark Advisory Solutions Inc. raised its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 115.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 304,746 shares of the company’s stock after purchasing an additional 163,073 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Capital Group Growth ETF were worth $12,388,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of CGGR. Exchange Traded Concepts LLC bought a new position in shares of Capital Group Growth ETF during the second quarter valued at about $921,000. Lantz Financial LLC increased its position in Capital Group Growth ETF by 2.5% during the 2nd 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. Legacy Solutions LLC raised its stake in Capital Group Growth ETF by 2.1% in the second quarter. Legacy Solutions LLC now owns 158,030 shares of the company’s stock worth $6,424,000 after buying an additional 3,205 shares in the last quarter. Castle Rock Wealth Management LLC purchased a new position in shares of Capital Group Growth ETF in the 2nd quarter valued at approximately $233,000. Finally, Belpointe Asset Management LLC boosted its holdings in shares of Capital Group Growth ETF by 11.8% during the 1st quarter. Belpointe Asset Management LLC now owns 14,631 shares of the company’s stock valued at $501,000 after buying an additional 1,544 shares in the last quarter.

Capital Group Growth ETF Trading Down 1.0%

NYSEARCA CGGR opened at $43.04 on Friday. The stock has a market cap of $17.24 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 12 month low of $29.23 and a 12 month high of $45.83. The stock’s fifty day moving average price is $43.97 and its 200-day moving average price is $40.95.

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.