Expressive Wealth LLC Makes New Investment in Capital Group Growth ETF $CGGR

Expressive Wealth LLC purchased a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 91,765 shares of the company’s stock, valued at approximately $4,081,000. Capital Group Growth ETF makes up 4.4% of Expressive Wealth LLC’s portfolio, making the stock its 2nd largest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CGGR. Founders Financial Alliance LLC boosted its holdings in shares of Capital Group Growth ETF by 1,656.5% in the 3rd quarter. Founders Financial Alliance LLC now owns 116,142 shares of the company’s stock valued at $5,101,000 after buying an additional 109,530 shares in the last quarter. Genesis Private Wealth LLC boosted its holdings in shares of Capital Group Growth ETF by 7.6% in the 4th quarter. Genesis Private Wealth LLC now owns 227,232 shares of the company’s stock valued at $10,105,000 after buying an additional 16,050 shares in the last quarter. Valmark Advisers Inc. boosted its holdings in shares of Capital Group Growth ETF by 51.2% in the 4th quarter. Valmark Advisers Inc. now owns 873,172 shares of the company’s stock valued at $38,830,000 after buying an additional 295,543 shares in the last quarter. Adamsbrown Wealth Consultants LLC boosted its holdings in shares of Capital Group Growth ETF by 1.3% in the 3rd quarter. Adamsbrown Wealth Consultants LLC now owns 1,042,361 shares of the company’s stock valued at $45,781,000 after buying an additional 12,990 shares in the last quarter. Finally, Cozad Asset Management Inc. boosted its holdings in shares of Capital Group Growth ETF by 10.7% in the 3rd quarter. Cozad Asset Management Inc. now owns 169,183 shares of the company’s stock valued at $7,431,000 after buying an additional 16,315 shares in the last quarter.

Capital Group Growth ETF Trading Up 1.7%

Shares of Capital Group Growth ETF stock opened at $46.86 on Wednesday. The company has a fifty day simple moving average of $43.45 and a 200-day simple moving average of $43.73. Capital Group Growth ETF has a 12-month low of $37.64 and a 12-month high of $46.93. The stock has a market cap of $23.29 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17.

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.