Capital Group Growth ETF $CGGR Shares Bought by Transcendent Capital Group LLC

Transcendent Capital Group LLC boosted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 3.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 73,063 shares of the company’s stock after purchasing an additional 2,469 shares during the quarter. Capital Group Growth ETF makes up 1.5% of Transcendent Capital Group LLC’s holdings, making the stock its 21st largest position. Transcendent Capital Group LLC’s holdings in Capital Group Growth ETF were worth $2,970,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Golden State Wealth Management LLC acquired a new position in shares of Capital Group Growth ETF during the 1st quarter worth approximately $30,000. Rossby Financial LCC purchased a new stake in Capital Group Growth ETF in the 1st quarter worth $31,000. Trust Co. of Vermont purchased a new stake in Capital Group Growth ETF in the 2nd quarter worth $51,000. CX Institutional acquired a new position in Capital Group Growth ETF during the first quarter worth $48,000. Finally, Chilton Capital Management LLC acquired a new position in Capital Group Growth ETF during the first quarter worth $53,000.

Capital Group Growth ETF Stock Down 3.2%

Shares of NYSEARCA CGGR opened at $43.04 on Friday. The company’s 50-day simple moving average is $43.04 and its 200-day simple moving average is $39.43. Capital Group Growth ETF has a 52-week low of $29.23 and a 52-week high of $44.71. The firm has a market cap of $16.42 billion, a price-to-earnings ratio of 30.88 and a beta of 1.09.

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.