Armstrong Fleming & Moore Inc Buys Shares of 50,413 Capital Group Growth ETF $CGGR

Armstrong Fleming & Moore Inc acquired a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the second quarter, HoldingsChannel reports. The firm acquired 50,413 shares of the company’s stock, valued at approximately $2,049,000. Capital Group Growth ETF accounts for 1.1% of Armstrong Fleming & Moore Inc’s holdings, making the stock its 15th largest holding.

Several other institutional investors have also bought and sold shares of CGGR. Professional Financial Advisors LLC raised its position in shares of Capital Group Growth ETF by 0.9% during the second quarter. Professional Financial Advisors LLC now owns 31,051 shares of the company’s stock worth $1,262,000 after acquiring an additional 272 shares during the last quarter. Lodestone Wealth Management LLC boosted its position in shares of Capital Group Growth ETF by 1.3% during the first quarter. Lodestone Wealth Management LLC now owns 25,235 shares of the company’s stock worth $864,000 after buying an additional 312 shares during the period. OneDigital Investment Advisors LLC boosted its position in shares of Capital Group Growth ETF by 0.7% during the first quarter. OneDigital Investment Advisors LLC now owns 45,344 shares of the company’s stock worth $1,553,000 after buying an additional 314 shares during the period. Trilogy Capital Inc. boosted its position in Capital Group Growth ETF by 2.8% during the second quarter. Trilogy Capital Inc. now owns 13,428 shares of the company’s stock valued at $546,000 after purchasing an additional 367 shares during the last quarter. Finally, Betterment LLC boosted its position in Capital Group Growth ETF by 4.8% during the first quarter. Betterment LLC now owns 8,862 shares of the company’s stock valued at $304,000 after purchasing an additional 403 shares during the last quarter.

Capital Group Growth ETF Stock Up 0.8%

NYSEARCA:CGGR opened at $44.54 on Thursday. The stock’s 50 day moving average price is $42.95 and its two-hundred day moving average price is $39.30. The firm has a market capitalization of $16.93 billion, a price-to-earnings ratio of 30.88 and a beta of 1.09. Capital Group Growth ETF has a 12-month low of $29.23 and a 12-month high of $44.71.

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.