Capital Group Growth ETF $CGGR Shares Bought by New England Capital Financial Advisors LLC

New England Capital Financial Advisors LLC lifted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 1.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 1,442,572 shares of the company’s stock after acquiring an additional 20,822 shares during the period. Capital Group Growth ETF accounts for about 26.8% of New England Capital Financial Advisors LLC’s investment portfolio, making the stock its largest holding. New England Capital Financial Advisors LLC’s holdings in Capital Group Growth ETF were worth $58,641,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Exchange Traded Concepts LLC acquired a new stake in Capital Group Growth ETF during the 2nd quarter valued at $921,000. Lantz Financial LLC lifted its holdings in Capital Group Growth ETF by 2.5% in the 2nd quarter. Lantz Financial LLC now owns 95,277 shares of the company’s stock worth $3,873,000 after buying an additional 2,356 shares in the last quarter. Legacy Solutions LLC boosted its position in Capital Group Growth ETF by 2.1% in the 2nd quarter. Legacy Solutions LLC now owns 158,030 shares of the company’s stock valued at $6,424,000 after buying an additional 3,205 shares during the last quarter. Allworth Financial LP grew its stake in shares of Capital Group Growth ETF by 0.9% during the second quarter. Allworth Financial LP now owns 141,489 shares of the company’s stock valued at $5,752,000 after acquiring an additional 1,280 shares in the last quarter. Finally, Castle Rock Wealth Management LLC acquired a new stake in shares of Capital Group Growth ETF during the second quarter valued at about $233,000.

Capital Group Growth ETF Stock Performance

NYSEARCA:CGGR opened at $43.11 on Friday. Capital Group Growth ETF has a one year low of $29.23 and a one year high of $45.83. The business’s 50-day simple moving average is $44.14 and its 200 day simple moving average is $41.38. The stock has a market cap of $17.27 billion, a price-to-earnings 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.