Financial Council LLC lifted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 5.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 485,720 shares of the company’s stock after acquiring an additional 26,314 shares during the period. Capital Group Growth ETF accounts for approximately 7.5% of Financial Council LLC’s portfolio, making the stock its 3rd biggest holding. Financial Council LLC owned 0.10% of Capital Group Growth ETF worth $19,521,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CGGR. Triumph Capital Management purchased a new position in Capital Group Growth ETF in the 3rd quarter valued at about $29,000. Fifth Third Bancorp boosted its stake in shares of Capital Group Growth ETF by 285.9% during the 3rd quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock worth $30,000 after purchasing an additional 506 shares during the last quarter. Mark Sheptoff Financial Planning LLC grew its holdings in shares of Capital Group Growth ETF by 88.7% during the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock worth $47,000 after buying an additional 500 shares in the last quarter. Provenance Wealth Advisors LLC purchased a new stake in shares of Capital Group Growth ETF during the third quarter worth about $60,000. Finally, Avion Wealth acquired a new position in shares of Capital Group Growth ETF in the fourth quarter valued at approximately $68,000.
Capital Group Growth ETF Stock Performance
Shares of CGGR opened at $45.82 on Friday. The company has a market capitalization of $22.78 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The company’s 50 day simple moving average is $45.84 and its 200 day simple moving average is $44.18. Capital Group Growth ETF has a 1 year low of $38.55 and a 1 year high of $48.02.
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.
Further Reading
- Five stocks we like better than Capital Group Growth ETF
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Want to see what other hedge funds are holding CGGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Growth ETF (NYSEARCA:CGGR – Free Report).
Receive News & Ratings for Capital Group Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
