Capital Group Growth ETF $CGGR Position Raised by LongView Wealth Management

LongView Wealth Management grew its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 4.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 281,380 shares of the company’s stock after acquiring an additional 12,122 shares during the quarter. Capital Group Growth ETF accounts for 3.2% of LongView Wealth Management’s holdings, making the stock its 5th biggest position. LongView Wealth Management owned approximately 0.05% of Capital Group Growth ETF worth $13,346,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Smith Thornton Advisors LLC lifted its position in shares of Capital Group Growth ETF by 2.7% in the third quarter. Smith Thornton Advisors LLC now owns 229,823 shares of the company’s stock worth $10,901,000 after purchasing an additional 6,017 shares in the last quarter. IFP Advisors Inc grew its position in Capital Group Growth ETF by 24.1% in the third quarter. IFP Advisors Inc now owns 749,889 shares of the company’s stock valued at $35,567,000 after purchasing an additional 145,840 shares in the last quarter. Center For Asset Management LLC bought a new position in Capital Group Growth ETF in the third quarter valued at $1,129,000. CWS Financial Advisors LLC grew its position in Capital Group Growth ETF by 3.9% in the third quarter. CWS Financial Advisors LLC now owns 146,899 shares of the company’s stock valued at $6,967,000 after purchasing an additional 5,504 shares in the last quarter. Finally, Processus Wealth & Capital Management LLC increased its stake in Capital Group Growth ETF by 4.9% in the 3rd quarter. Processus Wealth & Capital Management LLC now owns 16,662 shares of the company’s stock valued at $790,000 after buying an additional 782 shares during the last quarter.

Capital Group Growth ETF Price Performance

CGGR stock traded up $0.33 during midday trading on Monday, hitting $46.98. The company’s stock had a trading volume of 1,033,014 shares, compared to its average volume of 3,056,580. The company’s fifty day moving average price is $47.26 and its 200 day moving average price is $46.03. Capital Group Growth ETF has a twelve month low of $38.55 and a twelve month high of $48.69. The stock has a market capitalization of $26.00 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.