Capital Group Growth ETF $CGGR is Acas LLC’s Largest Position

Acas LLC boosted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 4.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 285,443 shares of the company’s stock after acquiring an additional 13,400 shares during the quarter. Capital Group Growth ETF accounts for about 8.2% of Acas LLC’s investment portfolio, making the stock its largest holding. Acas LLC’s holdings in Capital Group Growth ETF were worth $12,100,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in CGGR. CLG LLC boosted its holdings in shares of Capital Group Growth ETF by 32.2% during the second quarter. CLG LLC now owns 303,824 shares of the company’s stock worth $12,350,000 after purchasing an additional 73,945 shares during the period. Challenger Wealth Management increased its stake in Capital Group Growth ETF by 11.2% in the 2nd quarter. Challenger Wealth Management now owns 433,728 shares of the company’s stock valued at $17,631,000 after buying an additional 43,605 shares during the period. Raymond James Financial Inc. lifted its position in Capital Group Growth ETF by 8.8% in the 2nd quarter. Raymond James Financial Inc. now owns 8,464,909 shares of the company’s stock worth $344,099,000 after buying an additional 687,152 shares in the last quarter. Keystone Financial Services LLC lifted its position in Capital Group Growth ETF by 12.1% in the 2nd quarter. Keystone Financial Services LLC now owns 16,056 shares of the company’s stock worth $653,000 after buying an additional 1,728 shares in the last quarter. Finally, Betterment LLC boosted its stake in shares of Capital Group Growth ETF by 20.1% during the 2nd quarter. Betterment LLC now owns 10,640 shares of the company’s stock valued at $433,000 after buying an additional 1,778 shares during the period.

Capital Group Growth ETF Stock Down 1.5%

Capital Group Growth ETF stock opened at $44.14 on Friday. Capital Group Growth ETF has a 12 month low of $29.23 and a 12 month high of $45.83. The stock has a market cap of $17.68 billion, a P/E ratio of 30.88 and a beta of 1.17. The company’s fifty day simple moving average is $44.06 and its 200-day simple moving average is $42.34.

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.