Lynch & Associates IN Buys 14,183 Shares of Capital Group Growth ETF $CGGR

Lynch & Associates IN increased its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 23.9% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 73,635 shares of the company’s stock after acquiring an additional 14,183 shares during the period. Lynch & Associates IN’s holdings in Capital Group Growth ETF were worth $3,476,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Goldman Sachs Group Inc. raised its stake 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 valued at $10,954,000 after acquiring an additional 203,151 shares in the last quarter. First Trust Advisors LP bought a new stake in Capital Group Growth ETF during the second quarter worth approximately $211,000. Cerity Partners LLC boosted its position in Capital Group Growth ETF by 176.7% during the second quarter. Cerity Partners LLC now owns 66,761 shares of the company’s stock worth $2,715,000 after purchasing an additional 42,631 shares during the period. Sei Investments Co. grew its holdings in Capital Group Growth ETF by 19.5% during the second quarter. Sei Investments Co. now owns 1,163,011 shares of the company’s stock valued at $47,277,000 after purchasing an additional 189,933 shares during the last quarter. Finally, Diversify Wealth Management LLC acquired a new stake in shares of Capital Group Growth ETF in the second quarter worth $320,000.

Capital Group Growth ETF Trading Up 0.2%

NYSEARCA CGGR opened at $47.03 on Thursday. The company has a fifty day simple moving average of $46.10 and a 200 day simple moving average of $44.51. The company has a market cap of $25.31 billion, a P/E ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a 1 year low of $38.55 and a 1 year high of $48.02.

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.