Capital Group Growth ETF $CGGR Shares Bought by Flynn Zito Capital Management LLC

Flynn Zito Capital Management LLC lifted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 56.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 219,960 shares of the company’s stock after acquiring an additional 79,706 shares during the quarter. Capital Group Growth ETF accounts for 2.8% of Flynn Zito Capital Management LLC’s portfolio, making the stock its 11th largest holding. Flynn Zito Capital Management LLC’s holdings in Capital Group Growth ETF were worth $8,840,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Trademark Financial Management LLC lifted its holdings in shares of Capital Group Growth ETF by 2.7% during the first quarter. Trademark Financial Management LLC now owns 9,178 shares of the company’s stock valued at $369,000 after purchasing an additional 242 shares during the last quarter. Gemmer Asset Management LLC increased its stake in Capital Group Growth ETF by 0.5% in the 4th quarter. Gemmer Asset Management LLC now owns 49,552 shares of the company’s stock worth $2,204,000 after purchasing an additional 248 shares in the last quarter. Vermillion & White Wealth Management Group LLC raised its holdings in Capital Group Growth ETF by 7.8% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 4,417 shares of the company’s stock worth $196,000 after buying an additional 321 shares during the period. Keystone Financial Services LLC raised its holdings in Capital Group Growth ETF by 2.1% during the 4th quarter. Keystone Financial Services LLC now owns 16,572 shares of the company’s stock worth $737,000 after buying an additional 336 shares during the period. Finally, First Trust Advisors LP lifted its stake in Capital Group Growth ETF by 6.7% during the third quarter. First Trust Advisors LP now owns 5,527 shares of the company’s stock valued at $243,000 after buying an additional 349 shares in the last quarter.

Capital Group Growth ETF Price Performance

CGGR stock opened at $46.64 on Wednesday. Capital Group Growth ETF has a 52-week low of $38.55 and a 52-week high of $48.02. The company’s 50 day simple moving average is $46.41 and its 200-day simple moving average is $44.39. The firm has a market capitalization of $24.64 billion, a P/E ratio of 30.88 and a beta of 1.17.

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.