Golden State Wealth Management LLC Takes $30,000 Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Golden State Wealth Management LLC acquired a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 881 shares of the company’s stock, valued at approximately $30,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Summit Global Investments lifted its stake in shares of Capital Group Growth ETF by 2.0% in the 4th quarter. Summit Global Investments now owns 15,043 shares of the company’s stock valued at $559,000 after purchasing an additional 300 shares in the last quarter. Financial Perspectives Inc raised its holdings in shares of Capital Group Growth ETF by 0.8% during the 1st quarter. Financial Perspectives Inc now owns 48,308 shares of the company’s stock valued at $1,655,000 after buying an additional 406 shares during the period. CRA Financial Services LLC raised its holdings in shares of Capital Group Growth ETF by 7.6% during the 1st quarter. CRA Financial Services LLC now owns 6,639 shares of the company’s stock valued at $227,000 after buying an additional 469 shares during the period. Duncan Williams Asset Management LLC raised its holdings in shares of Capital Group Growth ETF by 8.7% during the 1st quarter. Duncan Williams Asset Management LLC now owns 6,261 shares of the company’s stock valued at $214,000 after buying an additional 501 shares during the period. Finally, Spire Wealth Management raised its holdings in shares of Capital Group Growth ETF by 0.8% during the 1st quarter. Spire Wealth Management now owns 68,004 shares of the company’s stock valued at $2,329,000 after buying an additional 551 shares during the period.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA:CGGR opened at $40.83 on Monday. The company has a market cap of $13.66 billion, a P/E ratio of 30.88 and a beta of 1.09. Capital Group Growth ETF has a one year low of $29.23 and a one year high of $40.91. The business’s 50-day simple moving average is $38.18 and its 200 day simple moving average is $37.06.

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.