Forge Financial Services LLC Raises Stock Holdings in Capital Group Growth ETF $CGGR

Forge Financial Services LLC raised its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 14.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 164,701 shares of the company’s stock after acquiring an additional 20,833 shares during the period. Capital Group Growth ETF comprises approximately 3.1% of Forge Financial Services LLC’s portfolio, making the stock its 8th biggest holding. Forge Financial Services LLC’s holdings in Capital Group Growth ETF were worth $7,324,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Goldman Sachs Group Inc. boosted its stake in shares of Capital Group Growth ETF by 174.1% during the first quarter. Goldman Sachs Group Inc. now owns 319,824 shares of the company’s stock valued at $10,954,000 after purchasing an additional 203,151 shares during the period. First Trust Advisors LP purchased a new stake in shares of Capital Group Growth ETF during the second quarter valued at approximately $211,000. Cerity Partners LLC boosted its stake in shares of Capital Group Growth ETF by 176.7% during the second quarter. Cerity Partners LLC now owns 66,761 shares of the company’s stock valued at $2,715,000 after purchasing an additional 42,631 shares during the period. Sei Investments Co. boosted its stake in shares of Capital Group Growth ETF by 19.5% during the second quarter. Sei Investments Co. now owns 1,163,011 shares of the company’s stock valued at $47,277,000 after purchasing an additional 189,933 shares during the period. Finally, Diversify Wealth Management LLC purchased a new stake in shares of Capital Group Growth ETF during the second quarter valued at approximately $320,000.

Capital Group Growth ETF Stock Performance

NYSEARCA:CGGR opened at $45.77 on Friday. The firm has a market cap of $22.75 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a fifty-two week low of $38.49 and a fifty-two week high of $48.02. The business has a 50 day moving average price of $44.86 and a 200-day moving average price of $44.02.

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.