Lantz Financial LLC Purchases 40,618 Shares of Capital Group Growth ETF $CGGR

Lantz Financial LLC boosted its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 40.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 139,893 shares of the company’s stock after purchasing an additional 40,618 shares during the quarter. Capital Group Growth ETF makes up 1.3% of Lantz Financial LLC’s portfolio, making the stock its 19th biggest position. Lantz Financial LLC’s holdings in Capital Group Growth ETF were worth $6,221,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Goldman Sachs Group Inc. grew its position in shares of Capital Group Growth ETF by 174.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 319,824 shares of the company’s stock worth $10,954,000 after buying an additional 203,151 shares during the period. Creative Planning boosted its stake in Capital Group Growth ETF by 9.7% during the second quarter. Creative Planning now owns 27,418 shares of the company’s stock worth $1,115,000 after acquiring an additional 2,433 shares in the last quarter. CreativeOne Wealth LLC purchased a new stake in Capital Group Growth ETF in the second quarter worth about $275,000. Choreo LLC increased its stake in shares of Capital Group Growth ETF by 89.9% during the second quarter. Choreo LLC now owns 16,826 shares of the company’s stock valued at $684,000 after purchasing an additional 7,967 shares in the last quarter. Finally, Level Four Advisory Services LLC bought a new position in shares of Capital Group Growth ETF during the second quarter valued at approximately $346,000.

Capital Group Growth ETF Stock Performance

CGGR stock opened at $39.02 on Monday. The firm has a 50 day moving average price of $42.92 and a 200-day moving average price of $43.79. Capital Group Growth ETF has a 52-week low of $29.23 and a 52-week high of $45.83. The firm has a market capitalization of $17.29 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17.

Capital Group Growth ETF 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.