Capital Group Growth ETF $CGGR is Financial Security Advisor Inc.’s 2nd Largest Position

Financial Security Advisor Inc. decreased its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 6.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,994,948 shares of the company’s stock after selling 144,134 shares during the period. Capital Group Growth ETF makes up 17.2% of Financial Security Advisor Inc.’s portfolio, making the stock its 2nd largest holding. Financial Security Advisor Inc.’s holdings in Capital Group Growth ETF were worth $88,715,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Founders Financial Alliance LLC increased its position in shares of Capital Group Growth ETF by 1,656.5% during the 3rd quarter. Founders Financial Alliance LLC now owns 116,142 shares of the company’s stock valued at $5,101,000 after purchasing an additional 109,530 shares during the last quarter. Genesis Private Wealth LLC increased its position in shares of Capital Group Growth ETF by 7.6% during the 4th quarter. Genesis Private Wealth LLC now owns 227,232 shares of the company’s stock valued at $10,105,000 after purchasing an additional 16,050 shares during the last quarter. Valmark Advisers Inc. increased its position in shares of Capital Group Growth ETF by 51.2% during the 4th quarter. Valmark Advisers Inc. now owns 873,172 shares of the company’s stock valued at $38,830,000 after purchasing an additional 295,543 shares during the last quarter. Adamsbrown Wealth Consultants LLC increased its position in shares of Capital Group Growth ETF by 1.3% during the 3rd quarter. Adamsbrown Wealth Consultants LLC now owns 1,042,361 shares of the company’s stock valued at $45,781,000 after purchasing an additional 12,990 shares during the last quarter. Finally, Cozad Asset Management Inc. increased its position in shares of Capital Group Growth ETF by 10.7% during the 3rd quarter. Cozad Asset Management Inc. now owns 169,183 shares of the company’s stock valued at $7,431,000 after purchasing an additional 16,315 shares during the last quarter.

Capital Group Growth ETF Stock Down 1.9%

NYSEARCA CGGR opened at $45.78 on Friday. Capital Group Growth ETF has a 52 week low of $37.05 and a 52 week high of $46.79. The firm has a market capitalization of $22.76 billion, a P/E ratio of 30.88 and a beta of 1.17. The company has a 50-day moving average price of $42.95 and a 200-day moving average price of $43.68.

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.