Beacon Financial Group Has $13.20 Million Stake in Capital Group Growth ETF $CGGR

Beacon Financial Group raised its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 21.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 300,583 shares of the company’s stock after purchasing an additional 53,475 shares during the quarter. Capital Group Growth ETF accounts for about 1.3% of Beacon Financial Group’s portfolio, making the stock its 18th biggest position. Beacon Financial Group owned approximately 0.08% of Capital Group Growth ETF worth $13,202,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of CGGR. Meridian Wealth Management LLC grew its holdings in Capital Group Growth ETF by 0.4% during the second quarter. Meridian Wealth Management LLC now owns 72,775 shares of the company’s stock worth $2,958,000 after buying an additional 261 shares in the last quarter. Professional Financial Advisors LLC lifted its stake in Capital Group Growth ETF by 0.9% during the 2nd quarter. Professional Financial Advisors LLC now owns 31,051 shares of the company’s stock valued at $1,262,000 after acquiring an additional 272 shares in the last quarter. Prosperity Financial Group Inc. boosted its holdings in Capital Group Growth ETF by 4.5% during the 2nd quarter. Prosperity Financial Group Inc. now owns 6,525 shares of the company’s stock worth $265,000 after acquiring an additional 281 shares during the last quarter. Visionary Wealth Advisors grew its stake in shares of Capital Group Growth ETF by 2.9% in the 2nd quarter. Visionary Wealth Advisors now owns 12,601 shares of the company’s stock worth $512,000 after acquiring an additional 358 shares in the last quarter. Finally, Trilogy Capital Inc. grew its stake in shares of Capital Group Growth ETF by 2.8% in the 2nd quarter. Trilogy Capital Inc. now owns 13,428 shares of the company’s stock worth $546,000 after acquiring an additional 367 shares in the last quarter.

Capital Group Growth ETF Price Performance

Shares of CGGR stock opened at $43.37 on Thursday. The firm has a 50-day moving average of $44.02 and a 200-day moving average of $42.49. Capital Group Growth ETF has a one year low of $29.23 and a one year high of $45.83. The company has a market cap of $17.37 billion, a P/E ratio of 30.88 and a beta of 1.17.

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.