Clear Creek Financial Management LLC Raises Position in Capital Group Growth ETF $CGGR

Clear Creek Financial Management LLC lifted its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 10.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 146,160 shares of the company’s stock after acquiring an additional 14,228 shares during the period. Clear Creek Financial Management LLC’s holdings in Capital Group Growth ETF were worth $5,941,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Golden State Wealth Management LLC bought a new position in Capital Group Growth ETF in the 1st quarter valued at approximately $30,000. Rossby Financial LCC purchased a new position in shares of Capital Group Growth ETF in the first quarter worth $31,000. CX Institutional bought a new position in shares of Capital Group Growth ETF during the first quarter valued at $48,000. Trust Co. of Vermont purchased a new stake in shares of Capital Group Growth ETF during the second quarter valued at $51,000. Finally, Chilton Capital Management LLC purchased a new stake in shares of Capital Group Growth ETF during the first quarter valued at $53,000.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA:CGGR opened at $44.54 on Thursday. Capital Group Growth ETF has a fifty-two week low of $29.23 and a fifty-two week high of $44.71. The business has a 50-day simple moving average of $42.95 and a two-hundred day simple moving average of $39.30. The firm has a market cap of $16.93 billion, a price-to-earnings ratio of 30.88 and a beta of 1.09.

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.