Forge Financial Services LLC grew its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 4.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,744,240 shares of the company’s stock after buying an additional 227,480 shares during the period. Capital Group Growth ETF comprises 22.4% of Forge Financial Services LLC’s portfolio, making the stock its 2nd largest position. Forge Financial Services LLC’s holdings in Capital Group Growth ETF were worth $262,340,000 at the end of the most recent quarter.
Several other hedge funds also recently made changes to their positions in the company. MSH Capital Advisors LLC raised its position in shares of Capital Group Growth ETF by 30.0% during the 3rd quarter. MSH Capital Advisors LLC now owns 53,071 shares of the company’s stock valued at $2,517,000 after acquiring an additional 12,258 shares in the last quarter. Valmark Advisers Inc. boosted its holdings in Capital Group Growth ETF by 5.6% in the third quarter. Valmark Advisers Inc. now owns 1,826,102 shares of the company’s stock worth $86,612,000 after purchasing an additional 97,277 shares during the period. Allworth Financial LP boosted its holdings in Capital Group Growth ETF by 0.4% in the third quarter. Allworth Financial LP now owns 141,294 shares of the company’s stock worth $6,669,000 after purchasing an additional 601 shares during the period. Russell Investments Group Ltd. boosted its holdings in Capital Group Growth ETF by 290.1% in the third quarter. Russell Investments Group Ltd. now owns 7,299 shares of the company’s stock worth $346,000 after purchasing an additional 5,428 shares during the period. Finally, Fifth Third Bancorp increased its stake in Capital Group Growth ETF by 5.8% during the third quarter. Fifth Third Bancorp now owns 85,350 shares of the company’s stock valued at $4,048,000 after purchasing an additional 4,695 shares during the last quarter.
Capital Group Growth ETF Stock Down 0.5%
CGGR stock traded down $0.21 during trading on Friday, hitting $45.84. 2,182,550 shares of the company’s stock traded hands, compared to its average volume of 3,085,970. The stock has a market capitalization of $25.59 billion, a price-to-earnings ratio of 25.67 and a beta of 1.18. Capital Group Growth ETF has a 52 week low of $38.55 and a 52 week high of $48.69. The stock has a fifty day moving average price of $46.93 and a two-hundred day moving average price of $45.30.
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.
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