AA Financial Advisors LLC Buys 71,963 Shares of Capital Group Growth ETF $CGGR

AA Financial Advisors LLC raised its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 8.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 961,621 shares of the company’s stock after buying an additional 71,963 shares during the period. Capital Group Growth ETF comprises 5.4% of AA Financial Advisors LLC’s holdings, making the stock its 3rd biggest holding. AA Financial Advisors LLC’s holdings in Capital Group Growth ETF were worth $45,610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in CGGR. Parkside Financial Bank & Trust bought a new position in Capital Group Growth ETF in the 2nd quarter worth about $33,000. Trust Co. of Vermont purchased a new position in shares of Capital Group Growth ETF during the second quarter worth approximately $60,000. Beacon Financial Strategies CORP bought a new stake in shares of Capital Group Growth ETF during the second quarter valued at approximately $80,000. Lavaca Capital LLC bought a new stake in shares of Capital Group Growth ETF during the first quarter valued at approximately $88,000. Finally, CX Institutional raised its stake in shares of Capital Group Growth ETF by 475.0% during the second quarter. CX Institutional now owns 4,031 shares of the company’s stock valued at $190,000 after acquiring an additional 3,330 shares in the last quarter.

Capital Group Growth ETF Stock Up 0.5%

NYSEARCA:CGGR traded up $0.24 during midday trading on Monday, hitting $46.89. The stock had a trading volume of 2,496,530 shares, compared to its average volume of 3,064,121. Capital Group Growth ETF has a one year low of $38.55 and a one year high of $48.69. The company has a market capitalization of $25.95 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18. The stock has a 50-day moving average of $47.26 and a 200 day moving average of $46.03.

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.