Capital Group Growth ETF $CGGR Stake Boosted by Lynch & Associates IN

Lynch & Associates IN lifted its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 23.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 73,635 shares of the company’s stock after acquiring an additional 14,183 shares during the period. Lynch & Associates IN’s holdings in Capital Group Growth ETF were worth $3,476,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its holdings in shares of Capital Group Growth ETF by 174.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 319,824 shares of the company’s stock valued at $10,954,000 after purchasing an additional 203,151 shares during the period. First Trust Advisors LP acquired a new position in Capital Group Growth ETF in the 2nd quarter valued at approximately $211,000. Cerity Partners LLC increased its stake in shares of Capital Group Growth ETF by 176.7% in the second quarter. Cerity Partners LLC now owns 66,761 shares of the company’s stock worth $2,715,000 after acquiring an additional 42,631 shares during the last quarter. Sei Investments Co. raised its holdings in shares of Capital Group Growth ETF by 19.5% during the second quarter. Sei Investments Co. now owns 1,163,011 shares of the company’s stock worth $47,277,000 after acquiring an additional 189,933 shares in the last quarter. Finally, Diversify Wealth Management LLC acquired a new stake in Capital Group Growth ETF during the second quarter valued at $320,000.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA CGGR opened at $47.03 on Thursday. The company has a market capitalization of $25.31 billion, a P/E ratio of 30.88 and a beta of 1.18. The business’s 50-day moving average price is $46.10 and its two-hundred day moving average price is $44.51. Capital Group Growth ETF has a one year low of $38.55 and a one year high of $48.02.

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.