Founders Financial Securities LLC Increases Stock Holdings in Capital Group Growth ETF $CGGR

Founders Financial Securities LLC grew its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 21.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 299,670 shares of the company’s stock after buying an additional 53,305 shares during the quarter. Capital Group Growth ETF accounts for approximately 0.8% of Founders Financial Securities LLC’s holdings, making the stock its 27th biggest holding. Founders Financial Securities LLC owned 0.07% of Capital Group Growth ETF worth $13,326,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Founders Financial Alliance LLC increased its position in Capital Group Growth ETF by 1,656.5% during the 3rd quarter. Founders Financial Alliance LLC now owns 116,142 shares of the company’s stock worth $5,101,000 after purchasing an additional 109,530 shares in the last quarter. Genesis Private Wealth LLC increased its position in Capital Group Growth ETF by 7.6% during the 4th quarter. Genesis Private Wealth LLC now owns 227,232 shares of the company’s stock worth $10,105,000 after purchasing an additional 16,050 shares in the last quarter. Valmark Advisers Inc. increased its position in Capital Group Growth ETF by 51.2% during the 4th quarter. Valmark Advisers Inc. now owns 873,172 shares of the company’s stock worth $38,830,000 after purchasing an additional 295,543 shares in the last quarter. Cozad Asset Management Inc. increased its position in Capital Group Growth ETF by 10.7% during the 3rd quarter. Cozad Asset Management Inc. now owns 169,183 shares of the company’s stock worth $7,431,000 after purchasing an additional 16,315 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in Capital Group Growth ETF by 40.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,384,925 shares of the company’s stock worth $57,516,000 after purchasing an additional 400,108 shares in the last quarter.

Capital Group Growth ETF Trading Up 0.4%

Capital Group Growth ETF stock opened at $47.73 on Friday. The stock has a market cap of $23.73 billion, a PE ratio of 30.88 and a beta of 1.17. The stock has a 50-day moving average price of $43.77 and a 200 day moving average price of $43.81. Capital Group Growth ETF has a 52 week low of $37.64 and a 52 week high of $47.85.

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.