Independent Financial Group LLC Acquires 72,461 Shares of Capital Group Growth ETF $CGGR

Independent Financial Group LLC boosted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 40.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 251,018 shares of the company’s stock after purchasing an additional 72,461 shares during the quarter. Independent Financial Group LLC’s holdings in Capital Group Growth ETF were worth $11,848,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Triumph Capital Management bought a new stake in shares of Capital Group Growth ETF in the 3rd quarter worth about $29,000. Mark Sheptoff Financial Planning LLC lifted its holdings in shares of Capital Group Growth ETF by 88.7% in the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock valued at $47,000 after acquiring an additional 500 shares during the last quarter. Godfrey Financial Associates Inc. bought a new position in shares of Capital Group Growth ETF in the 4th quarter valued at about $78,000. Beacon Financial Strategies CORP purchased a new position in Capital Group Growth ETF in the second quarter worth about $80,000. Finally, WFA of San Diego LLC purchased a new position in Capital Group Growth ETF in the second quarter worth about $81,000.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA CGGR opened at $47.03 on Thursday. The stock 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 is $46.10 and its two-hundred day moving average is $44.51. Capital Group Growth ETF has a 1-year low of $38.55 and a 1-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.