Capital Group Growth ETF $CGGR is Financial Council LLC’s 2nd Largest Position

Financial Council LLC lifted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 5.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 459,406 shares of the company’s stock after acquiring an additional 24,166 shares during the quarter. Capital Group Growth ETF accounts for about 8.2% of Financial Council LLC’s holdings, making the stock its 2nd largest position. Financial Council LLC’s holdings in Capital Group Growth ETF were worth $20,430,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Hazlett Burt & Watson Inc. grew its holdings in Capital Group Growth ETF by 806.5% during the third quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares during the period. Atlantic Union Bankshares Corp bought a new position in Capital Group Growth ETF during the third quarter valued at $25,000. New Millennium Group LLC bought a new position in Capital Group Growth ETF during the third quarter valued at $25,000. Triumph Capital Management bought a new position in Capital Group Growth ETF during the third quarter valued at $29,000. Finally, Fifth Third Bancorp grew its holdings in Capital Group Growth ETF by 285.9% during 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.

Capital Group Growth ETF Trading Up 0.8%

Shares of NYSEARCA CGGR opened at $46.33 on Thursday. The stock has a fifty day simple moving average of $42.82 and a two-hundred day simple moving average of $43.66. Capital Group Growth ETF has a 1-year low of $37.05 and a 1-year high of $46.49. The firm has a market cap of $23.03 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17.

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.