Axxcess Wealth Management LLC Has $58.76 Million Stock Position in Capital Group Growth ETF $CGGR

Axxcess Wealth Management LLC grew its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 261.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,321,257 shares of the company’s stock after purchasing an additional 955,472 shares during the period. Axxcess Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $58,756,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hazlett Burt & Watson Inc. increased its stake in shares of Capital Group Growth ETF by 806.5% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock valued at $25,000 after buying an additional 500 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in shares of Capital Group Growth ETF during the third quarter worth $25,000. New Millennium Group LLC acquired a new stake in shares of Capital Group Growth ETF during the third quarter worth $25,000. Triumph Capital Management acquired a new stake in shares of Capital Group Growth ETF during the third quarter worth $29,000. Finally, Fifth Third Bancorp grew its stake in shares of Capital Group Growth ETF by 285.9% during the third quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock worth $30,000 after purchasing an additional 506 shares during the period.

Capital Group Growth ETF Stock Up 0.3%

Shares of Capital Group Growth ETF stock opened at $46.07 on Friday. Capital Group Growth ETF has a 12 month low of $37.05 and a 12 month high of $46.79. The business has a fifty day simple moving average of $43.19 and a 200 day simple moving average of $43.69. The stock has a market cap of $22.90 billion, a PE ratio of 30.88 and a beta of 1.17.

About Capital Group Growth ETF

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.