Independent Financial Group LLC boosted its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 40.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 251,018 shares of the company’s stock after purchasing an additional 72,461 shares during the period. Independent Financial Group LLC’s holdings in Capital Group Growth ETF were worth $11,848,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Triumph Capital Management bought a new stake in Capital Group Growth ETF in the third quarter worth about $29,000. Mark Sheptoff Financial Planning LLC grew its stake 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 valued at $47,000 after buying an additional 500 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new stake in shares of Capital Group Growth ETF in the fourth quarter worth approximately $78,000. Beacon Financial Strategies CORP purchased a new stake in shares of Capital Group Growth ETF in the second quarter worth approximately $80,000. Finally, WFA of San Diego LLC bought a new stake in shares of Capital Group Growth ETF during the 2nd quarter worth approximately $81,000.
Capital Group Growth ETF Stock Up 0.2%
CGGR opened at $47.03 on Thursday. The business has a fifty day moving average of $46.10 and a 200 day moving average of $44.51. Capital Group Growth ETF has a 52-week low of $38.55 and a 52-week high of $48.02. The stock has a market cap of $25.31 billion, a P/E ratio of 30.88 and a beta of 1.18.
About Capital Group Growth ETF
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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