Advisory Alpha LLC Boosts Stock Position in Capital Group Growth ETF $CGGR

Advisory Alpha LLC grew its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 11.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 15,765 shares of the company’s stock after purchasing an additional 1,635 shares during the quarter. Advisory Alpha LLC’s holdings in Capital Group Growth ETF were worth $641,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Golden State Wealth Management LLC acquired a new stake in shares of Capital Group Growth ETF in the 1st quarter valued at about $30,000. Rossby Financial LCC acquired a new stake in shares of Capital Group Growth ETF in the 1st quarter valued at about $31,000. Trust Co. of Vermont acquired a new stake in shares of Capital Group Growth ETF in the 2nd quarter valued at about $51,000. Chilton Capital Management LLC acquired a new stake in shares of Capital Group Growth ETF in the 1st quarter valued at about $53,000. Finally, Beacon Capital Management LLC acquired a new stake in shares of Capital Group Growth ETF in the 2nd quarter valued at about $77,000.

Capital Group Growth ETF Stock Up 0.3%

Shares of NYSEARCA CGGR opened at $45.68 on Wednesday. The stock has a market cap of $18.19 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 52-week low of $29.23 and a 52-week high of $45.84. The business has a 50-day moving average price of $43.64 and a 200 day moving average price of $40.43.

About Capital Group Growth ETF

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.