International Assets Investment Management LLC Increases Stock Holdings in Capital Group Growth ETF $CGGR

International Assets Investment Management LLC boosted its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 24.9% during the 2nd quarter, HoldingsChannel reports. The firm owned 16,216 shares of the company’s stock after purchasing an additional 3,235 shares during the period. International Assets Investment Management LLC’s holdings in Capital Group Growth ETF were worth $659,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Golden State Wealth Management LLC purchased a new position in Capital Group Growth ETF in the first quarter worth about $30,000. Rossby Financial LCC purchased a new position in Capital Group Growth ETF in the first quarter worth about $31,000. Trust Co. of Vermont purchased a new position in Capital Group Growth ETF in the second quarter worth about $51,000. Chilton Capital Management LLC purchased a new position in Capital Group Growth ETF in the first quarter worth about $53,000. Finally, Beacon Capital Management LLC purchased a new position in Capital Group Growth ETF in the second quarter worth about $77,000.

Capital Group Growth ETF Stock Up 1.3%

NYSEARCA CGGR opened at $44.55 on Tuesday. Capital Group Growth ETF has a 52 week low of $29.23 and a 52 week high of $44.71. The company has a market capitalization of $17.07 billion, a P/E ratio of 30.88 and a beta of 1.09. The stock’s 50-day moving average price is $43.32 and its 200-day moving average price is $39.90.

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.