Cassady Wealth & Retirement Planning LLC Raises Position in Capital Group Growth ETF $CGGR

Cassady Wealth & Retirement Planning LLC increased its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 39.0% in the first quarter, Holdings Channel.com reports. The firm owned 80,980 shares of the company’s stock after purchasing an additional 22,734 shares during the period. Capital Group Growth ETF accounts for 1.8% of Cassady Wealth & Retirement Planning LLC’s investment portfolio, making the stock its 15th largest holding. Cassady Wealth & Retirement Planning LLC’s holdings in Capital Group Growth ETF were worth $3,615,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Triumph Capital Management purchased a new position in Capital Group Growth ETF during the third quarter worth about $29,000. Mark Sheptoff Financial Planning LLC boosted its stake in Capital Group Growth ETF by 88.7% in the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock worth $47,000 after buying an additional 500 shares during the last quarter. Avion Wealth purchased a new stake in Capital Group Growth ETF in the fourth quarter valued at approximately $68,000. Godfrey Financial Associates Inc. purchased a new stake in shares of Capital Group Growth ETF during the 4th quarter valued at $78,000. Finally, WFA of San Diego LLC purchased a new stake in Capital Group Growth ETF during the second quarter valued at about $81,000.

Capital Group Growth ETF Stock Performance

CGGR opened at $43.79 on Thursday. Capital Group Growth ETF has a 1 year low of $38.55 and a 1 year high of $48.02. The firm has a 50 day moving average price of $46.23 and a 200 day moving average price of $44.41. The company has a market cap of $23.26 billion, a PE ratio of 30.88 and a beta of 1.17.

About Capital Group Growth ETF

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.