Beacon Financial Group Has $7.52 Million Position in Capital Group Growth ETF (NYSEARCA:CGGR)

Beacon Financial Group lifted its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 10.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 202,256 shares of the company’s stock after buying an additional 18,639 shares during the period. Capital Group Growth ETF accounts for approximately 0.8% of Beacon Financial Group’s holdings, making the stock its 28th largest holding. Beacon Financial Group’s holdings in Capital Group Growth ETF were worth $7,518,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Northwest Financial Advisors boosted its holdings in shares of Capital Group Growth ETF by 1.9% in the 4th quarter. Northwest Financial Advisors now owns 14,892 shares of the company’s stock valued at $554,000 after buying an additional 280 shares during the last quarter. Cornerstone Wealth Management LLC grew its position in shares of Capital Group Growth ETF by 0.9% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 32,782 shares of the company’s stock valued at $1,140,000 after acquiring an additional 301 shares during the period. Professional Financial Advisors LLC increased its stake in shares of Capital Group Growth ETF by 1.0% during the 4th quarter. Professional Financial Advisors LLC now owns 31,361 shares of the company’s stock worth $1,166,000 after purchasing an additional 304 shares during the last quarter. Stephens Inc. AR raised its holdings in shares of Capital Group Growth ETF by 1.6% in the 4th quarter. Stephens Inc. AR now owns 19,138 shares of the company’s stock valued at $711,000 after purchasing an additional 310 shares during the period. Finally, Signet Financial Management LLC lifted its stake in Capital Group Growth ETF by 0.3% in the 4th quarter. Signet Financial Management LLC now owns 117,769 shares of the company’s stock valued at $4,377,000 after purchasing an additional 382 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Capital Group Growth ETF stock opened at $39.31 on Wednesday. The stock has a 50-day simple moving average of $38.47 and a 200 day simple moving average of $35.96. The stock has a market capitalization of $6.69 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 52 week low of $29.51 and a 52 week high of $39.95.

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.