Capital Group Growth ETF $CGGR Shares Acquired by Saxony Capital Management LLC

Saxony Capital Management LLC boosted its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 88.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,117 shares of the company’s stock after purchasing an additional 19,278 shares during the quarter. Capital Group Growth ETF makes up about 1.1% of Saxony Capital Management LLC’s investment portfolio, making the stock its 27th largest holding. Saxony Capital Management LLC’s holdings in Capital Group Growth ETF were worth $1,828,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Melone Private Wealth LLC bought a new stake in shares of Capital Group Growth ETF in the 3rd quarter worth approximately $637,000. WESPAC Advisors LLC bought a new position in Capital Group Growth ETF during the 3rd quarter worth $545,000. Ergawealth Advisors Inc. increased its position in Capital Group Growth ETF by 5.1% in the third quarter. Ergawealth Advisors Inc. now owns 668,167 shares of the company’s stock worth $29,346,000 after buying an additional 32,438 shares during the period. DAVENPORT & Co LLC increased its position in Capital Group Growth ETF by 16.7% in the third quarter. DAVENPORT & Co LLC now owns 443,697 shares of the company’s stock worth $19,487,000 after buying an additional 63,418 shares during the period. Finally, Founders Financial Alliance LLC lifted its stake in Capital Group Growth ETF by 1,656.5% in the third quarter. Founders Financial Alliance LLC now owns 116,142 shares of the company’s stock valued at $5,101,000 after buying an additional 109,530 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Shares of CGGR opened at $38.73 on Tuesday. The firm has a fifty day moving average of $42.79 and a 200-day moving average of $43.75. The company has a market cap of $17.16 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 1 year low of $29.23 and a 1 year high of $45.83.

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.