Ergawealth Advisors Inc. Acquires 27,035 Shares of Capital Group Growth ETF $CGGR

Ergawealth Advisors Inc. boosted its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 4.4% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 635,729 shares of the company’s stock after acquiring an additional 27,035 shares during the period. Capital Group Growth ETF comprises about 11.6% of Ergawealth Advisors Inc.’s investment portfolio, making the stock its biggest holding. Ergawealth Advisors Inc. owned about 0.18% of Capital Group Growth ETF worth $25,842,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Golden State Wealth Management LLC bought a new stake in shares of Capital Group Growth ETF in the 1st quarter worth approximately $30,000. Exchange Traded Concepts LLC bought a new stake in Capital Group Growth ETF in the second quarter valued at $921,000. CX Institutional bought a new stake in Capital Group Growth ETF in the first quarter valued at $48,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Capital Group Growth ETF by 4.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 2,007,955 shares of the company’s stock valued at $68,772,000 after acquiring an additional 83,798 shares during the period. Finally, Lantz Financial LLC grew its position in shares of Capital Group Growth ETF by 2.5% during the second quarter. Lantz Financial LLC now owns 95,277 shares of the company’s stock worth $3,873,000 after acquiring an additional 2,356 shares during the last quarter.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA:CGGR opened at $44.24 on Friday. The company’s 50-day moving average price is $42.78 and its 200 day moving average price is $39.14. The company has a market cap of $16.82 billion, a PE ratio of 30.88 and a beta of 1.09. Capital Group Growth ETF has a fifty-two week low of $29.23 and a fifty-two week high of $44.71.

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.