Transcendent Capital Group LLC raised its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 3.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 73,063 shares of the company’s stock after purchasing an additional 2,469 shares during the period. Capital Group Growth ETF accounts for approximately 1.5% of Transcendent Capital Group LLC’s investment portfolio, making the stock its 21st biggest holding. Transcendent Capital Group LLC’s holdings in Capital Group Growth ETF were worth $2,970,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Professional Financial Advisors LLC grew its stake in Capital Group Growth ETF by 0.9% during the 2nd quarter. Professional Financial Advisors LLC now owns 31,051 shares of the company’s stock worth $1,262,000 after buying an additional 272 shares during the last quarter. Lodestone Wealth Management LLC boosted its holdings in Capital Group Growth ETF by 1.3% in the first quarter. Lodestone Wealth Management LLC now owns 25,235 shares of the company’s stock worth $864,000 after acquiring an additional 312 shares in the last quarter. OneDigital Investment Advisors LLC boosted its holdings in Capital Group Growth ETF by 0.7% in the first quarter. OneDigital Investment Advisors LLC now owns 45,344 shares of the company’s stock worth $1,553,000 after acquiring an additional 314 shares in the last quarter. Trilogy Capital Inc. grew its stake in shares of Capital Group Growth ETF by 2.8% during the second quarter. Trilogy Capital Inc. now owns 13,428 shares of the company’s stock worth $546,000 after acquiring an additional 367 shares during the last quarter. Finally, Betterment LLC increased its holdings in shares of Capital Group Growth ETF by 4.8% during the first quarter. Betterment LLC now owns 8,862 shares of the company’s stock valued at $304,000 after acquiring an additional 403 shares in the last quarter.
Capital Group Growth ETF Stock Down 3.2%
Shares of Capital Group Growth ETF stock opened at $43.04 on Friday. The company has a 50 day moving average price of $43.04 and a 200 day moving average price of $39.43. The firm has a market capitalization of $16.42 billion, a P/E ratio of 30.88 and a beta of 1.09. Capital Group Growth ETF has a 52 week low of $29.23 and a 52 week high of $44.71.
Capital Group Growth ETF Company 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.
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