Axxcess Wealth Management LLC Purchases 130,160 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Axxcess Wealth Management LLC grew its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 244.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 183,431 shares of the company’s stock after purchasing an additional 130,160 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $6,033,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Natixis Advisors L.P. purchased a new stake in shares of Capital Group Growth ETF during the 4th quarter valued at approximately $371,000. Kingsview Wealth Management LLC boosted its holdings in shares of Capital Group Growth ETF by 13.9% in the fourth quarter. Kingsview Wealth Management LLC now owns 12,987 shares of the company’s stock worth $367,000 after acquiring an additional 1,589 shares during the period. UBS Group AG grew its position in shares of Capital Group Growth ETF by 21.5% in the fourth quarter. UBS Group AG now owns 1,496,605 shares of the company’s stock valued at $42,249,000 after purchasing an additional 264,841 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of Capital Group Growth ETF by 62.2% during the 4th quarter. Wells Fargo & Company MN now owns 2,370,877 shares of the company’s stock valued at $66,930,000 after purchasing an additional 908,945 shares during the period. Finally, D.A. Davidson & CO. lifted its holdings in Capital Group Growth ETF by 5.1% during the 4th quarter. D.A. Davidson & CO. now owns 27,554 shares of the company’s stock worth $778,000 after purchasing an additional 1,343 shares in the last quarter.

Capital Group Growth ETF Stock Up 0.3 %

CGGR stock opened at $33.65 on Tuesday. The stock has a 50-day simple moving average of $32.86 and a two-hundred day simple moving average of $32.20. Capital Group Growth ETF has a twelve month low of $23.34 and a twelve month high of $34.10. The firm has a market capitalization of $5.73 billion, a PE ratio of 28.99 and a beta of 1.22.

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.