Capital Group Growth ETF $CGGR Shares Purchased by Founders Financial Securities LLC

Founders Financial Securities LLC increased its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 17.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 353,320 shares of the company’s stock after buying an additional 53,650 shares during the period. Capital Group Growth ETF comprises 0.9% of Founders Financial Securities LLC’s portfolio, making the stock its 18th largest holding. Founders Financial Securities LLC’s holdings in Capital Group Growth ETF were worth $14,850,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CGGR. New Millennium Group LLC acquired a new stake in shares of Capital Group Growth ETF during the 3rd quarter valued at approximately $25,000. Triumph Capital Management purchased a new stake in shares of Capital Group Growth ETF during the 3rd quarter worth approximately $29,000. Fifth Third Bancorp grew its holdings in shares of Capital Group Growth ETF by 285.9% in the 3rd quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock worth $30,000 after acquiring an additional 506 shares during the period. Mark Sheptoff Financial Planning LLC grew its holdings in shares of Capital Group Growth ETF by 88.7% in the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock worth $47,000 after acquiring an additional 500 shares during the period. Finally, Provenance Wealth Advisors LLC purchased a new position in Capital Group Growth ETF in the 3rd quarter valued at approximately $60,000.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $46.96 on Friday. The stock has a fifty day moving average price of $45.57 and a 200 day moving average price of $44.14. The stock has a market cap of $23.34 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 1 year low of $38.49 and a 1 year 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.