Capital Group Growth ETF $CGGR Shares Purchased by Financial Council LLC

Financial Council LLC increased its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 5.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 546,385 shares of the company’s stock after buying an additional 29,992 shares during the quarter. Capital Group Growth ETF makes up 8.2% of Financial Council LLC’s holdings, making the stock its 3rd biggest position. Financial Council LLC’s holdings in Capital Group Growth ETF were worth $25,915,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in CGGR. Parkside Financial Bank & Trust bought a new stake in shares of Capital Group Growth ETF in the 2nd quarter valued at about $33,000. Trust Co. of Vermont bought a new stake in shares of Capital Group Growth ETF during the 2nd quarter worth about $60,000. North Star Investment Management Corp. acquired a new position in shares of Capital Group Growth ETF in the third quarter valued at approximately $61,000. Signature Equity Partners LLC increased its stake in shares of Capital Group Growth ETF by 234.8% during the third quarter. Signature Equity Partners LLC now owns 1,483 shares of the company’s stock worth $70,000 after purchasing an additional 1,040 shares during the period. Finally, Beacon Financial Strategies CORP acquired a new stake in Capital Group Growth ETF during the 2nd quarter worth approximately $80,000.

Capital Group Growth ETF Price Performance

CGGR traded up $0.50 during trading on Friday, hitting $44.80. The stock had a trading volume of 4,388,894 shares, compared to its average volume of 3,090,617. The company has a 50 day moving average price of $47.01 and a 200-day moving average price of $45.27. Capital Group Growth ETF has a one year low of $38.55 and a one year high of $48.69. The firm has a market cap of $24.87 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18.

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.