Peak Planning Group LLC Takes $1.34 Million Position in Capital Group Growth ETF $CGGR

Peak Planning Group LLC acquired a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 30,038 shares of the company’s stock, valued at approximately $1,336,000.

A number of other institutional investors have also modified their holdings of CGGR. Goldman Sachs Group Inc. grew its stake in shares of Capital Group Growth ETF by 174.1% in the first quarter. Goldman Sachs Group Inc. now owns 319,824 shares of the company’s stock valued at $10,954,000 after buying an additional 203,151 shares in the last quarter. First Trust Advisors LP purchased a new stake in Capital Group Growth ETF during the 2nd quarter worth about $211,000. Cerity Partners LLC increased its holdings in Capital Group Growth ETF by 176.7% during the 2nd quarter. Cerity Partners LLC now owns 66,761 shares of the company’s stock worth $2,715,000 after purchasing an additional 42,631 shares during the period. Sei Investments Co. increased its holdings in Capital Group Growth ETF by 19.5% during the 2nd quarter. Sei Investments Co. now owns 1,163,011 shares of the company’s stock worth $47,277,000 after purchasing an additional 189,933 shares during the period. Finally, Diversify Wealth Management LLC purchased a new stake in Capital Group Growth ETF during the 2nd quarter worth about $320,000.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA CGGR opened at $45.82 on Friday. The stock’s 50-day moving average is $44.97 and its two-hundred day moving average is $44.04. Capital Group Growth ETF has a 1-year low of $38.49 and a 1-year high of $48.02. The company has a market cap of $22.78 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17.

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.