Capital Group Growth ETF $CGGR Shares Acquired by J. Derek Lewis & Associates Inc.

J. Derek Lewis & Associates Inc. boosted its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 9.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 514,130 shares of the company’s stock after buying an additional 43,094 shares during the quarter. Capital Group Growth ETF accounts for about 4.6% of J. Derek Lewis & Associates Inc.’s investment portfolio, making the stock its 6th largest position. J. Derek Lewis & Associates Inc. owned approximately 0.10% of Capital Group Growth ETF worth $20,674,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of CGGR. Triumph Capital Management bought a new stake in shares of Capital Group Growth ETF during the 3rd quarter worth $29,000. Mark Sheptoff Financial Planning LLC raised its position in shares of Capital Group Growth ETF by 88.7% during the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock worth $47,000 after purchasing an additional 500 shares during the period. Avion Wealth acquired a new stake in shares of Capital Group Growth ETF during the fourth quarter worth $68,000. Godfrey Financial Associates Inc. purchased a new stake in shares of Capital Group Growth ETF during the fourth quarter valued at $78,000. Finally, WFA of San Diego LLC purchased a new stake in shares of Capital Group Growth ETF during the second quarter valued at $81,000.

Capital Group Growth ETF Stock Up 1.8%

NYSEARCA:CGGR opened at $44.56 on Friday. Capital Group Growth ETF has a 1-year low of $38.55 and a 1-year high of $48.02. The firm has a market capitalization of $23.67 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The stock has a fifty day simple moving average of $46.20 and a 200 day simple moving average of $44.40.

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.