Clearview Wealth Advisors LLC Makes New $5.63 Million Investment in Capital Group Growth ETF (NYSEARCA:CGGR)

Clearview Wealth Advisors LLC acquired a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 171,048 shares of the company’s stock, valued at approximately $5,626,000. Capital Group Growth ETF accounts for about 4.9% of Clearview Wealth Advisors LLC’s portfolio, making the stock its 5th largest holding. Clearview Wealth Advisors LLC owned approximately 0.10% of Capital Group Growth ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Transcendent Capital Group LLC purchased a new stake in Capital Group Growth ETF during the 4th quarter valued at about $33,000. GAMMA Investing LLC purchased a new stake in Capital Group Growth ETF during the 2nd quarter valued at $38,000. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Capital Group Growth ETF by 146.5% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,282 shares of the company’s stock worth $41,000 after buying an additional 762 shares during the last quarter. FinTrust Capital Advisors LLC purchased a new position in shares of Capital Group Growth ETF in the 4th quarter worth $42,000. Finally, Clear Investment Research LLC purchased a new position in shares of Capital Group Growth ETF in the 1st quarter worth $47,000.

Capital Group Growth ETF Stock Up 0.7 %

NYSEARCA:CGGR traded up $0.23 on Friday, reaching $33.55. 1,139,487 shares of the company’s stock traded hands, compared to its average volume of 1,193,457. The stock has a 50-day simple moving average of $32.95 and a 200-day simple moving average of $32.01. The firm has a market cap of $5.71 billion, a PE ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 12 month low of $23.34 and a 12 month high of $34.10.

Capital Group Growth ETF Company 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.