LongView Wealth Management Purchases 23,084 Shares of Capital Group Growth ETF $CGGR

LongView Wealth Management lifted its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 10.7% in the 3rd quarter, Holdings Channel reports. The firm owned 239,598 shares of the company’s stock after buying an additional 23,084 shares during the quarter. Capital Group Growth ETF accounts for 2.9% of LongView Wealth Management’s portfolio, making the stock its 6th biggest holding. LongView Wealth Management’s holdings in Capital Group Growth ETF were worth $10,523,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Beacon Financial Group boosted its holdings in shares of Capital Group Growth ETF by 21.6% during the 3rd quarter. Beacon Financial Group now owns 300,583 shares of the company’s stock worth $13,202,000 after buying an additional 53,475 shares during the period. Exchange Traded Concepts LLC bought a new stake in shares of Capital Group Growth ETF in the second quarter valued at about $921,000. Armor Investment Advisors LLC grew its holdings in shares of Capital Group Growth ETF by 0.6% during the 2nd quarter. Armor Investment Advisors LLC now owns 260,313 shares of the company’s stock worth $10,582,000 after purchasing an additional 1,491 shares in the last quarter. Eclectic Associates Inc. ADV boosted its stake in Capital Group Growth ETF by 4.8% during the third quarter. Eclectic Associates Inc. ADV now owns 689,169 shares of the company’s stock worth $30,268,000 after buying an additional 31,738 shares in the last quarter. Finally, Lantz Financial LLC boosted its position in shares of Capital Group Growth ETF by 2.5% during the 2nd quarter. Lantz Financial LLC now owns 95,277 shares of the company’s stock valued at $3,873,000 after acquiring an additional 2,356 shares in the last quarter.

Capital Group Growth ETF Trading Up 1.1%

CGGR stock opened at $44.46 on Monday. The business’s 50 day moving average is $44.04 and its 200-day moving average is $42.59. Capital Group Growth ETF has a 1-year low of $29.23 and a 1-year high of $45.83. The firm has a market cap of $17.81 billion, a P/E ratio of 30.88 and a beta of 1.17.

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.