Founders Financial Securities LLC grew its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 12.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 402,602 shares of the company’s stock after buying an additional 44,208 shares during the quarter. Capital Group Growth ETF makes up approximately 0.9% of Founders Financial Securities LLC’s portfolio, making the stock its 20th largest holding. Founders Financial Securities LLC’s holdings in Capital Group Growth ETF were worth $19,095,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Parkside Financial Bank & Trust purchased a new stake in shares of Capital Group Growth ETF in the 2nd quarter valued at about $33,000. Trust Co. of Vermont acquired a new stake in shares of Capital Group Growth ETF in the 2nd quarter valued at about $60,000. North Star Investment Management Corp. acquired a new stake in shares of Capital Group Growth ETF in the 3rd quarter valued at about $61,000. Beacon Financial Strategies CORP purchased a new position in Capital Group Growth ETF during the 2nd quarter worth approximately $80,000. Finally, Lavaca Capital LLC purchased a new position in Capital Group Growth ETF during the 1st quarter worth approximately $88,000.
Capital Group Growth ETF Stock Down 0.3%
NYSEARCA:CGGR opened at $46.69 on Friday. The company has a market capitalization of $25.91 billion, a PE ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a 52-week low of $38.55 and a 52-week high of $48.69. The stock’s 50 day moving average price is $47.18 and its 200 day moving average price is $45.25.
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.
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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).
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