Beacon Financial Advisory LLC Has $2.31 Million Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Beacon Financial Advisory LLC raised its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 6.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 62,005 shares of the company’s stock after buying an additional 3,832 shares during the quarter. Capital Group Growth ETF accounts for approximately 0.7% of Beacon Financial Advisory LLC’s holdings, making the stock its 23rd biggest holding. Beacon Financial Advisory LLC’s holdings in Capital Group Growth ETF were worth $2,305,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CGGR. Creative Planning increased its stake in Capital Group Growth ETF by 25.5% in the second quarter. Creative Planning now owns 21,858 shares of the company’s stock valued at $719,000 after acquiring an additional 4,435 shares during the period. Park Avenue Securities LLC grew its stake in shares of Capital Group Growth ETF by 9.3% in the 3rd quarter. Park Avenue Securities LLC now owns 17,295 shares of the company’s stock valued at $602,000 after purchasing an additional 1,471 shares during the period. Dynamic Advisor Solutions LLC raised its holdings in shares of Capital Group Growth ETF by 7.5% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 89,547 shares of the company’s stock worth $3,115,000 after buying an additional 6,264 shares in the last quarter. Olistico Wealth LLC lifted its position in shares of Capital Group Growth ETF by 35.7% during the 3rd quarter. Olistico Wealth LLC now owns 97,492 shares of the company’s stock worth $3,392,000 after buying an additional 25,639 shares during the period. Finally, Brookstone Capital Management bought a new position in shares of Capital Group Growth ETF during the 3rd quarter worth approximately $2,187,000.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA:CGGR opened at $39.52 on Thursday. The business’s fifty day moving average price is $38.34 and its two-hundred day moving average price is $35.75. Capital Group Growth ETF has a fifty-two week low of $29.51 and a fifty-two week high of $39.95. The stock has a market capitalization of $6.73 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22.

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.