Axxcess Wealth Management LLC Has $19.57 Million Holdings in Capital Group Growth ETF $CGGR

Axxcess Wealth Management LLC lifted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 20.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 439,959 shares of the company’s stock after acquiring an additional 74,174 shares during the period. Axxcess Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $19,565,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. New Millennium Group LLC bought a new stake in Capital Group Growth ETF in the 3rd quarter valued at $25,000. Triumph Capital Management bought a new position in Capital Group Growth ETF during the 3rd quarter worth about $29,000. Fifth Third Bancorp increased its holdings in Capital Group Growth ETF by 285.9% during the 3rd quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock worth $30,000 after purchasing an additional 506 shares in the last quarter. Mark Sheptoff Financial Planning LLC increased its holdings in Capital Group Growth ETF by 88.7% during the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock worth $47,000 after purchasing an additional 500 shares in the last quarter. Finally, Provenance Wealth Advisors LLC acquired a new stake in shares of Capital Group Growth ETF in the 3rd quarter valued at about $60,000.

Capital Group Growth ETF Price Performance

Shares of Capital Group Growth ETF stock opened at $46.96 on Friday. The firm has a market cap of $23.34 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The stock’s 50-day moving average is $45.46 and its 200-day moving average is $44.12. Capital Group Growth ETF has a one year low of $38.49 and a one year high of $48.02.

About Capital Group Growth ETF

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.