Benjamin Edwards Inc. Raises Stock Holdings in Capital Group Growth ETF $CGGR

Benjamin Edwards Inc. increased its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 37.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 748,621 shares of the company’s stock after purchasing an additional 203,435 shares during the period. Benjamin Edwards Inc.’s holdings in Capital Group Growth ETF were worth $33,291,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. WESPAC Advisors LLC purchased a new stake in Capital Group Growth ETF in the third quarter worth approximately $545,000. Founders Financial Alliance LLC boosted its stake in shares of Capital Group Growth ETF by 1,656.5% during the third quarter. Founders Financial Alliance LLC now owns 116,142 shares of the company’s stock valued at $5,101,000 after purchasing an additional 109,530 shares during the period. Genesis Private Wealth LLC boosted its stake in shares of Capital Group Growth ETF by 7.6% during the fourth quarter. Genesis Private Wealth LLC now owns 227,232 shares of the company’s stock valued at $10,105,000 after purchasing an additional 16,050 shares during the period. Valmark Advisers Inc. boosted its stake in shares of Capital Group Growth ETF by 51.2% during the fourth quarter. Valmark Advisers Inc. now owns 873,172 shares of the company’s stock valued at $38,830,000 after purchasing an additional 295,543 shares during the period. Finally, Adamsbrown Wealth Consultants LLC boosted its stake in shares of Capital Group Growth ETF by 1.3% during the third quarter. Adamsbrown Wealth Consultants LLC now owns 1,042,361 shares of the company’s stock valued at $45,781,000 after purchasing an additional 12,990 shares during the period.

Capital Group Growth ETF Stock Performance

NYSEARCA:CGGR opened at $44.85 on Friday. The firm has a market cap of $22.29 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a fifty-two week low of $35.23 and a fifty-two week high of $45.83. The business has a 50 day moving average price of $42.42 and a 200-day moving average price of $43.57.

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.