SFG Wealth Management LLC. Takes Position in Capital Group Growth ETF $CGGR

SFG Wealth Management LLC. acquired a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 14,831 shares of the company’s stock, valued at approximately $660,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. WESPAC Advisors LLC bought a new position in shares of Capital Group Growth ETF during the third quarter worth about $545,000. Founders Financial Alliance LLC grew its stake in shares of Capital Group Growth ETF by 1,656.5% during the 3rd quarter. Founders Financial Alliance LLC now owns 116,142 shares of the company’s stock worth $5,101,000 after acquiring an additional 109,530 shares in the last quarter. Genesis Private Wealth LLC raised its holdings in shares of Capital Group Growth ETF by 7.6% in the fourth quarter. Genesis Private Wealth LLC now owns 227,232 shares of the company’s stock valued at $10,105,000 after purchasing an additional 16,050 shares during the last quarter. Valmark Advisers Inc. lifted its position in shares of Capital Group Growth ETF by 51.2% in the fourth quarter. Valmark Advisers Inc. now owns 873,172 shares of the company’s stock worth $38,830,000 after purchasing an additional 295,543 shares in the last quarter. Finally, Adamsbrown Wealth Consultants LLC boosted its holdings in Capital Group Growth ETF by 1.3% during the third quarter. Adamsbrown Wealth Consultants LLC now owns 1,042,361 shares of the company’s stock worth $45,781,000 after purchasing an additional 12,990 shares during the last quarter.

Capital Group Growth ETF Trading Up 1.9%

Shares of CGGR stock opened at $45.99 on Thursday. The firm’s fifty day moving average price is $42.53 and its two-hundred day moving average price is $43.59. Capital Group Growth ETF has a 1 year low of $35.23 and a 1 year high of $46.03. The firm has a market capitalization of $22.86 billion, a P/E ratio of 30.88 and a beta of 1.17.

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.