Financial Council LLC Purchases 29,992 Shares of Capital Group Growth ETF $CGGR

Financial Council LLC increased its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 5.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 546,385 shares of the company’s stock after buying an additional 29,992 shares during the quarter. Capital Group Growth ETF accounts for about 8.2% of Financial Council LLC’s portfolio, making the stock its 3rd biggest holding. Financial Council LLC owned about 0.10% of Capital Group Growth ETF worth $25,915,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Parkside Financial Bank & Trust bought a new position in shares of Capital Group Growth ETF during the 2nd quarter worth approximately $33,000. Trust Co. of Vermont acquired a new position in Capital Group Growth ETF during the second quarter worth $60,000. North Star Investment Management Corp. acquired a new position in Capital Group Growth ETF during the third quarter worth $61,000. Signature Equity Partners LLC boosted its holdings in Capital Group Growth ETF by 234.8% during the third quarter. Signature Equity Partners LLC now owns 1,483 shares of the company’s stock worth $70,000 after purchasing an additional 1,040 shares during the last quarter. Finally, Beacon Financial Strategies CORP bought a new position in Capital Group Growth ETF in the second quarter valued at $80,000.

Capital Group Growth ETF Stock Performance

Capital Group Growth ETF stock traded up $0.50 during mid-day trading on Friday, reaching $44.80. The company’s stock had a trading volume of 4,388,894 shares, compared to its average volume of 3,090,617. Capital Group Growth ETF has a 12 month low of $38.55 and a 12 month high of $48.69. The business’s 50 day simple moving average is $47.01 and its 200 day simple moving average is $45.27. The company has a market capitalization of $24.87 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18.

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.