Concurrent Investment Advisors LLC Boosts Holdings in Capital Group Growth ETF $CGGR

Concurrent Investment Advisors LLC boosted its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 39.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 398,740 shares of the company’s stock after buying an additional 113,561 shares during the period. Concurrent Investment Advisors LLC’s holdings in Capital Group Growth ETF were worth $16,209,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CGGR. GAMMA Investing LLC grew its position in Capital Group Growth ETF by 3,325.0% in the 1st quarter. GAMMA Investing LLC now owns 39,079 shares of the company’s stock valued at $1,338,000 after buying an additional 37,938 shares during the last quarter. Park Avenue Securities LLC grew its position in Capital Group Growth ETF by 9.5% in the 1st quarter. Park Avenue Securities LLC now owns 21,793 shares of the company’s stock valued at $746,000 after buying an additional 1,888 shares during the last quarter. CX Institutional purchased a new position in Capital Group Growth ETF in the 1st quarter valued at $48,000. Tudor Financial Inc. grew its position in Capital Group Growth ETF by 20.8% in the 1st quarter. Tudor Financial Inc. now owns 9,798 shares of the company’s stock valued at $336,000 after buying an additional 1,685 shares during the last quarter. Finally, Signature Resources Capital Management LLC grew its position in Capital Group Growth ETF by 12.7% in the 1st quarter. Signature Resources Capital Management LLC now owns 63,798 shares of the company’s stock valued at $2,185,000 after buying an additional 7,176 shares during the last quarter.

Capital Group Growth ETF Price Performance

NYSEARCA:CGGR opened at $43.04 on Friday. The firm’s fifty day moving average price is $43.04 and its 200 day moving average price is $39.43. Capital Group Growth ETF has a 1-year low of $29.23 and a 1-year high of $44.71. The firm has a market cap of $16.42 billion, a price-to-earnings ratio of 30.88 and a beta of 1.09.

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.