Genesis Private Wealth LLC Has $11.48 Million Holdings in Capital Group Growth ETF $CGGR

Genesis Private Wealth LLC raised its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 6.8% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 243,198 shares of the company’s stock after purchasing an additional 15,385 shares during the quarter. Capital Group Growth ETF makes up approximately 3.2% of Genesis Private Wealth LLC’s holdings, making the stock its 6th largest holding. Genesis Private Wealth LLC’s holdings in Capital Group Growth ETF were worth $11,479,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. Triumph Capital Management acquired a new stake in shares of Capital Group Growth ETF during the third quarter worth $29,000. Mark Sheptoff Financial Planning LLC increased its holdings in Capital Group Growth ETF by 88.7% in the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock valued at $47,000 after purchasing an additional 500 shares during the last quarter. Godfrey Financial Associates Inc. acquired a new position in Capital Group Growth ETF in the fourth quarter valued at about $78,000. Beacon Financial Strategies CORP acquired a new position in Capital Group Growth ETF in the second quarter valued at about $80,000. Finally, WFA of San Diego LLC bought a new position in Capital Group Growth ETF during the second quarter worth about $81,000.

Capital Group Growth ETF Trading Up 0.2%

Shares of CGGR opened at $47.03 on Thursday. The stock has a market cap of $25.31 billion, a P/E ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a 1 year low of $38.55 and a 1 year high of $48.02. The stock’s 50-day moving average price is $46.10 and its two-hundred day moving average price is $44.51.

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.