True Blue Financial LLC Boosts Position in Capital Group Growth ETF $CGGR

True Blue Financial LLC grew its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 16.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 101,191 shares of the company’s stock after acquiring an additional 14,356 shares during the period. Capital Group Growth ETF comprises approximately 3.2% of True Blue Financial LLC’s holdings, making the stock its 9th biggest position. True Blue Financial LLC’s holdings in Capital Group Growth ETF were worth $4,067,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of CGGR. Tcfg Wealth Management LLC increased its holdings in Capital Group Growth ETF by 16.4% in the first quarter. Tcfg Wealth Management LLC now owns 16,492 shares of the company’s stock valued at $663,000 after buying an additional 2,324 shares during the last quarter. Harbor Investment Advisory LLC lifted its stake in Capital Group Growth ETF by 43.2% in the first quarter. Harbor Investment Advisory LLC now owns 31,354 shares of the company’s stock valued at $1,260,000 after buying an additional 9,452 shares during the last quarter. Ferguson Shapiro LLC lifted its position in Capital Group Growth ETF by 9.1% in the 1st quarter. Ferguson Shapiro LLC now owns 357,687 shares of the company’s stock valued at $14,375,000 after purchasing an additional 29,955 shares during the last quarter. KOM Wealth Management Group LLC raised its holdings in shares of Capital Group Growth ETF by 6.0% during the first quarter. KOM Wealth Management Group LLC now owns 25,872 shares of the company’s stock valued at $1,040,000 after buying an additional 1,468 shares during the last quarter. Finally, Summit Investment Advisory Services LLC boosted its position in Capital Group Growth ETF by 8.3% during the 1st quarter. Summit Investment Advisory Services LLC now owns 930,119 shares of the company’s stock worth $37,381,000 after acquiring an additional 70,911 shares during the period.

Capital Group Growth ETF Stock Down 0.3%

CGGR stock opened at $47.07 on Thursday. The company has a 50-day simple moving average of $46.02 and a 200 day simple moving average of $44.24. The company has a market capitalization of $24.72 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a fifty-two week low of $38.55 and a fifty-two week high of $48.02.

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.