PFG Advisors Increases Holdings in Capital Group Growth ETF $CGGR

PFG Advisors grew its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 15.9% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 168,863 shares of the company’s stock after acquiring an additional 23,180 shares during the quarter. PFG Advisors’ holdings in Capital Group Growth ETF were worth $7,970,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Triumph Capital Management purchased a new stake in Capital Group Growth ETF during the third quarter valued at $29,000. Mark Sheptoff Financial Planning LLC lifted its holdings in Capital Group Growth ETF by 88.7% in the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock valued at $47,000 after acquiring an additional 500 shares during the period. Godfrey Financial Associates Inc. purchased a new position in Capital Group Growth ETF in the fourth quarter worth about $78,000. Beacon Financial Strategies CORP purchased a new position in Capital Group Growth ETF in the second quarter worth about $80,000. Finally, WFA of San Diego LLC purchased a new position in Capital Group Growth ETF in the second quarter worth about $81,000.

Capital Group Growth ETF Stock Up 0.2%

Capital Group Growth ETF stock opened at $47.03 on Thursday. Capital Group Growth ETF has a 52-week low of $38.55 and a 52-week high of $48.02. The company has a market cap of $25.31 billion, a P/E ratio of 30.88 and a beta of 1.18. The business has a 50-day simple moving average of $46.10 and a two-hundred day simple moving average of $44.51.

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.