Ferguson Shapiro LLC Grows Stock Position in Capital Group Growth ETF $CGGR

Ferguson Shapiro LLC grew its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 9.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 357,687 shares of the company’s stock after acquiring an additional 29,955 shares during the quarter. Capital Group Growth ETF accounts for approximately 4.4% of Ferguson Shapiro LLC’s investment portfolio, making the stock its 9th largest position. Ferguson Shapiro LLC’s holdings in Capital Group Growth ETF were worth $14,375,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. KOM Wealth Management Group LLC lifted its holdings in shares of Capital Group Growth ETF by 6.0% in the first quarter. KOM Wealth Management Group LLC now owns 25,872 shares of the company’s stock worth $1,040,000 after acquiring an additional 1,468 shares during the last quarter. Summit Investment Advisory Services LLC grew its holdings in shares of Capital Group Growth ETF by 8.3% during the 1st quarter. Summit Investment Advisory Services LLC now owns 930,119 shares of the company’s stock valued at $37,381,000 after purchasing an additional 70,911 shares during the last quarter. Mayflower Financial Advisors LLC increased its position in Capital Group Growth ETF by 39.9% during the 1st quarter. Mayflower Financial Advisors LLC now owns 12,533 shares of the company’s stock worth $504,000 after purchasing an additional 3,573 shares in the last quarter. Intrua Financial LLC increased its position in Capital Group Growth ETF by 20.2% during the 1st quarter. Intrua Financial LLC now owns 9,559 shares of the company’s stock worth $384,000 after purchasing an additional 1,607 shares in the last quarter. Finally, Continuum Advisory LLC increased its position in Capital Group Growth ETF by 2.7% during the 1st quarter. Continuum Advisory LLC now owns 151,697 shares of the company’s stock worth $6,097,000 after purchasing an additional 4,056 shares in the last quarter.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA:CGGR opened at $47.20 on Wednesday. Capital Group Growth ETF has a one year low of $38.55 and a one year high of $48.02. The company has a market cap of $23.46 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The firm has a 50 day simple moving average of $45.97 and a 200 day simple moving average of $44.23.

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.