Capital Group Growth ETF $CGGR Shares Acquired by AA Financial Advisors LLC

AA Financial Advisors LLC grew its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 82.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 375,012 shares of the company’s stock after purchasing an additional 168,917 shares during the period. Capital Group Growth ETF comprises about 3.1% of AA Financial Advisors LLC’s investment portfolio, making the stock its 7th largest holding. AA Financial Advisors LLC’s holdings in Capital Group Growth ETF were worth $16,677,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of CGGR. Lantz Financial LLC boosted its position in shares of Capital Group Growth ETF by 40.9% during the fourth quarter. Lantz Financial LLC now owns 139,893 shares of the company’s stock valued at $6,221,000 after buying an additional 40,618 shares during the last quarter. Johnson Bixby & Associates LLC raised its position in Capital Group Growth ETF by 3.6% in the 4th quarter. Johnson Bixby & Associates LLC now owns 1,394,757 shares of the company’s stock valued at $62,025,000 after buying an additional 48,837 shares during the last quarter. Spire Wealth Management raised its position in Capital Group Growth ETF by 15.0% in the 4th quarter. Spire Wealth Management now owns 78,900 shares of the company’s stock valued at $3,509,000 after buying an additional 10,306 shares during the last quarter. Smith Thornton Advisors LLC lifted its stake in Capital Group Growth ETF by 1.8% during the 4th quarter. Smith Thornton Advisors LLC now owns 196,640 shares of the company’s stock valued at $8,745,000 after acquiring an additional 3,457 shares in the last quarter. Finally, Weil Company Inc. lifted its stake in Capital Group Growth ETF by 21.1% during the 4th quarter. Weil Company Inc. now owns 36,513 shares of the company’s stock valued at $1,624,000 after acquiring an additional 6,355 shares in the last quarter.

Capital Group Growth ETF Price Performance

CGGR opened at $39.02 on Monday. Capital Group Growth ETF has a 1 year low of $29.23 and a 1 year high of $45.83. The company has a market capitalization of $17.29 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The firm’s fifty day moving average price is $42.92 and its two-hundred day moving average price is $43.79.

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.