Founders Financial Alliance LLC Purchases 11,948 Shares of Capital Group Growth ETF $CGGR

Founders Financial Alliance LLC grew its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 10.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 128,090 shares of the company’s stock after acquiring an additional 11,948 shares during the quarter. Capital Group Growth ETF comprises 1.1% of Founders Financial Alliance LLC’s holdings, making the stock its 20th largest holding. Founders Financial Alliance LLC’s holdings in Capital Group Growth ETF were worth $5,696,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. New Millennium Group LLC bought a new stake in shares of Capital Group Growth ETF during the third quarter valued at approximately $25,000. Triumph Capital Management bought a new stake in Capital Group Growth ETF during the third quarter worth $29,000. Fifth Third Bancorp grew its holdings in Capital Group Growth ETF by 285.9% during the third quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock worth $30,000 after buying an additional 506 shares in the last quarter. Whipplewood Advisors LLC grew its holdings in Capital Group Growth ETF by 32.5% during the third quarter. Whipplewood Advisors LLC now owns 1,065 shares of the company’s stock worth $47,000 after buying an additional 261 shares in the last quarter. Finally, Provenance Wealth Advisors LLC bought a new stake in Capital Group Growth ETF during the third quarter worth $60,000.

Capital Group Growth ETF Trading Up 2.7%

Shares of Capital Group Growth ETF stock opened at $45.77 on Friday. The stock has a fifty day simple moving average of $44.86 and a 200 day simple moving average of $44.02. Capital Group Growth ETF has a 12-month low of $38.49 and a 12-month high of $48.02. The company has a market capitalization of $22.75 billion, a P/E 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.