Sigma Planning Corp Raises Stock Position in Capital Group Growth ETF $CGGR

Sigma Planning Corp grew its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 17.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 158,333 shares of the company’s stock after purchasing an additional 23,137 shares during the quarter. Sigma Planning Corp’s holdings in Capital Group Growth ETF were worth $6,363,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Triumph Capital Management bought a new position in Capital Group Growth ETF in the third quarter worth about $29,000. Mark Sheptoff Financial Planning LLC boosted its position in Capital Group Growth ETF by 88.7% during the 4th 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 in the last quarter. Avion Wealth bought a new stake in Capital Group Growth ETF during the 4th quarter valued at approximately $68,000. Godfrey Financial Associates Inc. purchased a new position in shares of Capital Group Growth ETF during the 4th quarter worth approximately $78,000. Finally, WFA of San Diego LLC purchased a new position in shares of Capital Group Growth ETF during the 2nd quarter worth approximately $81,000.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA:CGGR opened at $46.64 on Wednesday. The firm has a market capitalization of $24.64 billion, a P/E ratio of 30.88 and a beta of 1.17. The stock has a 50 day moving average price of $46.41 and a 200-day moving average price of $44.39. Capital Group Growth ETF has a 52-week low of $38.55 and a 52-week high of $48.02.

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.