Strategic Financial Concepts LLC purchased a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 24,835 shares of the company’s stock, valued at approximately $1,104,000. Capital Group Growth ETF comprises about 1.0% of Strategic Financial Concepts LLC’s holdings, making the stock its 29th largest holding.
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Raymond James Financial Inc. increased its holdings in Capital Group Growth ETF by 31.7% in the 3rd quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock valued at $489,487,000 after purchasing an additional 2,680,056 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in Capital Group Growth ETF by 15.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 12,051,258 shares of the company’s stock valued at $529,291,000 after purchasing an additional 1,605,246 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Capital Group Growth ETF by 30.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 5,999,008 shares of the company’s stock valued at $261,802,000 after purchasing an additional 1,407,884 shares during the last quarter. Bank of America Corp DE increased its holdings in Capital Group Growth ETF by 11.5% in the 3rd quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock valued at $562,219,000 after purchasing an additional 1,322,744 shares during the last quarter. Finally, Capital Group Private Client Services Inc. increased its holdings in Capital Group Growth ETF by 5.3% in the 3rd quarter. Capital Group Private Client Services Inc. now owns 23,440,414 shares of the company’s stock valued at $1,029,503,000 after purchasing an additional 1,178,520 shares during the last quarter.
Capital Group Growth ETF Stock Performance
Capital Group Growth ETF stock opened at $46.06 on Friday. The firm has a 50 day moving average price of $43.25 and a 200 day moving average price of $43.70. Capital Group Growth ETF has a fifty-two week low of $37.05 and a fifty-two week high of $46.79. The company has a market capitalization of $22.90 billion, a PE ratio of 30.88 and a beta of 1.17.
Capital Group Growth ETF 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.
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