Wealth Science Advisors LLC Increases Stake in Capital Group Growth ETF $CGGR

Wealth Science Advisors LLC raised its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 7.3% during the second quarter, Holdings Channel.com reports. The fund owned 715,819 shares of the company’s stock after purchasing an additional 48,423 shares during the quarter. Capital Group Growth ETF accounts for approximately 15.0% of Wealth Science Advisors LLC’s investment portfolio, making the stock its largest position. Wealth Science Advisors LLC’s holdings in Capital Group Growth ETF were worth $33,787,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Trademark Financial Management LLC boosted its holdings in shares of Capital Group Growth ETF by 2.7% during the first quarter. Trademark Financial Management LLC now owns 9,178 shares of the company’s stock worth $369,000 after purchasing an additional 242 shares during the period. Gemmer Asset Management LLC increased its holdings in Capital Group Growth ETF by 0.5% during the 4th quarter. Gemmer Asset Management LLC now owns 49,552 shares of the company’s stock valued at $2,204,000 after purchasing an additional 248 shares during the period. CoreCap Advisors LLC increased its holdings in Capital Group Growth ETF by 5.8% during the 2nd quarter. CoreCap Advisors LLC now owns 5,397 shares of the company’s stock valued at $255,000 after purchasing an additional 294 shares during the period. Mascagni Wealth Management Inc. raised its position in Capital Group Growth ETF by 1.8% during the 1st quarter. Mascagni Wealth Management Inc. now owns 17,647 shares of the company’s stock valued at $709,000 after purchasing an additional 320 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC raised its position in Capital Group Growth ETF by 7.8% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 4,417 shares of the company’s stock valued at $196,000 after purchasing an additional 321 shares during the last quarter.

Capital Group Growth ETF Stock Performance

NYSEARCA CGGR opened at $46.96 on Friday. Capital Group Growth ETF has a fifty-two week low of $38.55 and a fifty-two week high of $48.02. The stock has a 50 day simple moving average of $46.13 and a two-hundred day simple moving average of $44.46. The stock has a market cap of $25.27 billion, a P/E 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.