Flynn Zito Capital Management LLC Has $6.24 Million Stake in Capital Group Growth ETF $CGGR

Flynn Zito Capital Management LLC increased its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 9.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 140,254 shares of the company’s stock after buying an additional 12,422 shares during the period. Capital Group Growth ETF makes up 2.2% of Flynn Zito Capital Management LLC’s holdings, making the stock its 13th largest holding. Flynn Zito Capital Management LLC’s holdings in Capital Group Growth ETF were worth $6,237,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Gemmer Asset Management LLC raised its position in shares of Capital Group Growth ETF by 0.5% in the fourth quarter. Gemmer Asset Management LLC now owns 49,552 shares of the company’s stock valued at $2,204,000 after buying an additional 248 shares in the last quarter. Whipplewood Advisors LLC raised its position in shares of Capital Group Growth ETF by 32.5% in the third quarter. Whipplewood Advisors LLC now owns 1,065 shares of the company’s stock valued at $47,000 after buying an additional 261 shares in the last quarter. Hunter Associates Investment Management LLC raised its position in shares of Capital Group Growth ETF by 1.6% in the third quarter. Hunter Associates Investment Management LLC now owns 19,414 shares of the company’s stock valued at $853,000 after buying an additional 314 shares in the last quarter. Keystone Financial Services LLC raised its position in shares of Capital Group Growth ETF by 2.1% in the fourth quarter. Keystone Financial Services LLC now owns 16,572 shares of the company’s stock valued at $737,000 after buying an additional 336 shares in the last quarter. Finally, Cvfg LLC raised its position in shares of Capital Group Growth ETF by 4.4% in the third quarter. Cvfg LLC now owns 8,064 shares of the company’s stock valued at $354,000 after buying an additional 339 shares in the last quarter.

Capital Group Growth ETF Trading Down 0.3%

Shares of Capital Group Growth ETF stock opened at $45.64 on Tuesday. The company has a 50 day moving average of $43.01 and a 200-day moving average of $43.67. Capital Group Growth ETF has a 1-year low of $37.05 and a 1-year high of $46.79. The company has a market cap of $22.69 billion, a PE ratio of 30.88 and a beta of 1.17.

Capital Group Growth ETF Profile

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.