Capital Group Growth ETF (NYSEARCA:CGGR) Shares Acquired by Ergawealth Advisors Inc.

Ergawealth Advisors Inc. boosted its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 3.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 594,905 shares of the company’s stock after buying an additional 19,622 shares during the period. Capital Group Growth ETF accounts for approximately 10.3% of Ergawealth Advisors Inc.’s investment portfolio, making the stock its largest holding. Ergawealth Advisors Inc.’s holdings in Capital Group Growth ETF were worth $20,697,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in CGGR. Cornerstone Wealth Management LLC increased its holdings in shares of Capital Group Growth ETF by 0.9% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 32,782 shares of the company’s stock worth $1,140,000 after acquiring an additional 301 shares during the period. WealthCare Investment Partners LLC increased its stake in shares of Capital Group Growth ETF by 1.2% in the second quarter. WealthCare Investment Partners LLC now owns 30,415 shares of the company’s stock valued at $1,000,000 after purchasing an additional 372 shares during the period. Bill Few Associates Inc. raised its holdings in shares of Capital Group Growth ETF by 2.6% during the third quarter. Bill Few Associates Inc. now owns 18,365 shares of the company’s stock valued at $639,000 after buying an additional 470 shares during the last quarter. Pinnacle Bancorp Inc. raised its holdings in shares of Capital Group Growth ETF by 33.3% during the first quarter. Pinnacle Bancorp Inc. now owns 2,000 shares of the company’s stock valued at $64,000 after buying an additional 500 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC boosted its position in shares of Capital Group Growth ETF by 4.5% during the second quarter. U.S. Capital Wealth Advisors LLC now owns 11,731 shares of the company’s stock worth $386,000 after buying an additional 500 shares during the period.

Capital Group Growth ETF Price Performance

CGGR opened at $35.36 on Friday. The stock’s 50 day moving average price is $34.14 and its 200 day moving average price is $32.82. The stock has a market cap of $6.02 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 12 month low of $23.34 and a 12 month high of $35.69.

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.