Farther Finance Advisors LLC Purchases 18,608 Shares of Capital Group Growth ETF $CGGR

Farther Finance Advisors LLC grew its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 4.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 438,510 shares of the company’s stock after purchasing an additional 18,608 shares during the quarter. Farther Finance Advisors LLC’s holdings in Capital Group Growth ETF were worth $20,697,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. increased its position in 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 worth $10,954,000 after buying an additional 203,151 shares during the period. First Trust Advisors LP bought a new stake in shares of Capital Group Growth ETF in the second quarter valued at approximately $211,000. Cerity Partners LLC boosted its position in shares of Capital Group Growth ETF by 176.7% in the second quarter. Cerity Partners LLC now owns 66,761 shares of the company’s stock valued at $2,715,000 after acquiring an additional 42,631 shares during the period. Sei Investments Co. grew its stake in shares of Capital Group Growth ETF by 19.5% in the second quarter. Sei Investments Co. now owns 1,163,011 shares of the company’s stock worth $47,277,000 after acquiring 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 1.0%

Shares of CGGR stock opened at $47.49 on Friday. The firm has a market capitalization of $25.55 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. The firm’s fifty day simple moving average is $46.10 and its 200 day simple moving average is $44.53.

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.