WNY Asset Management LLC Grows Holdings in Capital Group Growth ETF $CGGR

WNY Asset Management LLC increased its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 1.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,070,237 shares of the company’s stock after acquiring an additional 24,906 shares during the quarter. Capital Group Growth ETF comprises 9.3% of WNY Asset Management LLC’s holdings, making the stock its 2nd largest holding. WNY Asset Management LLC owned about 0.60% of Capital Group Growth ETF worth $84,155,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Golden State Wealth Management LLC acquired a new position in shares of Capital Group Growth ETF in the first quarter worth approximately $30,000. Rossby Financial LCC acquired a new position in shares of Capital Group Growth ETF in the first quarter worth approximately $31,000. Trust Co. of Vermont acquired a new position in shares of Capital Group Growth ETF in the second quarter worth approximately $51,000. Chilton Capital Management LLC acquired a new position in shares of Capital Group Growth ETF in the first quarter worth approximately $53,000. Finally, Beacon Capital Management LLC acquired a new position in shares of Capital Group Growth ETF in the second quarter worth approximately $77,000.

Capital Group Growth ETF Price Performance

Capital Group Growth ETF stock opened at $45.68 on Wednesday. The stock’s 50 day moving average is $43.64 and its 200 day moving average is $40.43. The firm has a market cap of $18.19 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a one year low of $29.23 and a one year high of $45.84.

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.