Bridgewealth Advisory Group LLC Boosts Stake in Capital Group Growth ETF (NYSEARCA:CGGR)

Bridgewealth Advisory Group LLC grew its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 14.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 162,222 shares of the company’s stock after acquiring an additional 20,616 shares during the quarter. Capital Group Growth ETF comprises about 2.4% of Bridgewealth Advisory Group LLC’s portfolio, making the stock its 15th biggest position. Bridgewealth Advisory Group LLC’s holdings in Capital Group Growth ETF were worth $5,335,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the stock. GAMMA Investing LLC purchased a new position in Capital Group Growth ETF in the second quarter valued at about $38,000. Transcendent Capital Group LLC purchased a new position in Capital Group Growth ETF in the fourth quarter worth $33,000. Whittier Trust Co. of Nevada Inc. increased its position in shares of Capital Group Growth ETF by 146.5% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,282 shares of the company’s stock worth $41,000 after purchasing an additional 762 shares in the last quarter. Clear Investment Research LLC purchased a new stake in shares of Capital Group Growth ETF during the 1st quarter valued at $47,000. Finally, FinTrust Capital Advisors LLC acquired a new stake in shares of Capital Group Growth ETF in the 4th quarter worth $42,000.

Capital Group Growth ETF Price Performance

Shares of CGGR stock opened at $34.40 on Friday. The stock’s fifty day moving average price is $32.88 and its 200 day moving average price is $32.27. Capital Group Growth ETF has a 1-year low of $23.34 and a 1-year high of $34.57. The company has a market cap of $5.85 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22.

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.