Capital Group Growth ETF $CGGR is Ergawealth Advisors Inc.’s 2nd Largest Position

Ergawealth Advisors Inc. raised its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 7.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 718,735 shares of the company’s stock after buying an additional 50,568 shares during the period. Capital Group Growth ETF comprises 14.7% of Ergawealth Advisors Inc.’s holdings, making the stock its 2nd biggest holding. Ergawealth Advisors Inc. owned about 0.16% of Capital Group Growth ETF worth $31,962,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in CGGR. Whipplewood Advisors LLC lifted its position in Capital Group Growth ETF by 32.5% during the third quarter. Whipplewood Advisors LLC now owns 1,065 shares of the company’s stock valued at $47,000 after acquiring an additional 261 shares during the last quarter. Hunter Associates Investment Management LLC lifted its position in Capital Group Growth ETF by 1.6% during the third quarter. Hunter Associates Investment Management LLC now owns 19,414 shares of the company’s stock valued at $853,000 after acquiring an additional 314 shares during the last quarter. Cvfg LLC lifted its position in Capital Group Growth ETF by 4.4% during the third quarter. Cvfg LLC now owns 8,064 shares of the company’s stock valued at $354,000 after acquiring an additional 339 shares during the last quarter. First Trust Advisors LP lifted its position in Capital Group Growth ETF by 6.7% during the third quarter. First Trust Advisors LP now owns 5,527 shares of the company’s stock valued at $243,000 after acquiring an additional 349 shares during the last quarter. Finally, Silverlake Wealth Management LLC lifted its position in Capital Group Growth ETF by 1.4% during the fourth quarter. Silverlake Wealth Management LLC now owns 26,124 shares of the company’s stock valued at $1,162,000 after acquiring an additional 356 shares during the last quarter.

Capital Group Growth ETF Stock Up 3.1%

NYSEARCA:CGGR opened at $41.89 on Thursday. Capital Group Growth ETF has a 52 week low of $30.28 and a 52 week high of $45.83. The firm has a 50 day moving average of $42.23 and a 200 day moving average of $43.59. The stock has a market capitalization of $20.35 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18.

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.