Capital Group Growth ETF $CGGR is New England Capital Financial Advisors LLC’s 2nd Largest Position

New England Capital Financial Advisors LLC decreased its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 2.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,393,637 shares of the company’s stock after selling 28,707 shares during the period. Capital Group Growth ETF comprises 15.3% of New England Capital Financial Advisors LLC’s portfolio, making the stock its 2nd largest holding. New England Capital Financial Advisors LLC’s holdings in Capital Group Growth ETF were worth $56,010,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Trademark Financial Management LLC grew its stake in Capital Group Growth ETF by 2.7% during the first quarter. Trademark Financial Management LLC now owns 9,178 shares of the company’s stock valued at $369,000 after acquiring an additional 242 shares in the last quarter. Gemmer Asset Management LLC lifted its stake in Capital Group Growth ETF by 0.5% in the 4th quarter. Gemmer Asset Management LLC now owns 49,552 shares of the company’s stock worth $2,204,000 after purchasing an additional 248 shares in the last quarter. Vermillion & White Wealth Management Group LLC lifted its stake in Capital Group Growth ETF by 7.8% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 4,417 shares of the company’s stock worth $196,000 after purchasing an additional 321 shares in the last quarter. Keystone Financial Services LLC boosted its holdings in shares of Capital Group Growth ETF by 2.1% during the 4th quarter. Keystone Financial Services LLC now owns 16,572 shares of the company’s stock valued at $737,000 after purchasing an additional 336 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of Capital Group Growth ETF by 6.7% in the third quarter. First Trust Advisors LP now owns 5,527 shares of the company’s stock worth $243,000 after purchasing an additional 349 shares during the last quarter.

Capital Group Growth ETF Price Performance

NYSEARCA CGGR opened at $46.53 on Friday. Capital Group Growth ETF has a 1-year low of $38.55 and a 1-year high of $48.02. The business has a 50 day simple moving average of $46.11 and a two-hundred day simple moving average of $44.28. The stock has a market capitalization of $24.44 billion, a PE 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.