Capital Group Growth ETF $CGGR Shares Bought by Founders Financial Securities LLC

Founders Financial Securities LLC grew its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 17.9% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 353,320 shares of the company’s stock after buying an additional 53,650 shares during the quarter. Capital Group Growth ETF accounts for 0.9% of Founders Financial Securities LLC’s investment portfolio, making the stock its 18th largest holding. Founders Financial Securities LLC owned 0.07% of Capital Group Growth ETF worth $14,850,000 at the end of the most recent reporting period.

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

Capital Group Growth ETF Stock Performance

NYSEARCA CGGR opened at $46.96 on Friday. The stock has a market capitalization of $23.34 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The business’s 50 day moving average is $45.57 and its two-hundred day moving average is $44.14. Capital Group Growth ETF has a 12-month low of $38.49 and a 12-month high of $48.02.

Capital Group Growth ETF 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.