Cassady Wealth & Retirement Planning LLC Boosts Position in Capital Group Growth ETF $CGGR

Cassady Wealth & Retirement Planning LLC boosted its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 39.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 80,980 shares of the company’s stock after acquiring an additional 22,734 shares during the period. Capital Group Growth ETF accounts for about 1.8% of Cassady Wealth & Retirement Planning LLC’s investment portfolio, making the stock its 15th largest position. Cassady Wealth & Retirement Planning LLC’s holdings in Capital Group Growth ETF were worth $3,615,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Triumph Capital Management acquired a new position in Capital Group Growth ETF during the third quarter worth about $29,000. Mark Sheptoff Financial Planning LLC raised its position in shares of Capital Group Growth ETF by 88.7% during the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock worth $47,000 after purchasing an additional 500 shares during the last quarter. Avion Wealth acquired a new position in shares of Capital Group Growth ETF during the 4th quarter worth approximately $68,000. Godfrey Financial Associates Inc. purchased a new stake in Capital Group Growth ETF in the 4th quarter valued at approximately $78,000. Finally, WFA of San Diego LLC purchased a new stake in Capital Group Growth ETF in the 2nd quarter valued at approximately $81,000.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA:CGGR opened at $43.79 on Thursday. The business’s fifty day moving average price is $46.23 and its two-hundred day moving average price is $44.41. The stock has a market cap of $23.26 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a one year low of $38.55 and a one year high of $48.02.

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.