Transcendent Capital Group LLC Acquires 54,229 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

by · The Cerbat Gem

Transcendent Capital Group LLC boosted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 840.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 60,681 shares of the company’s stock after acquiring an additional 54,229 shares during the quarter. Capital Group Growth ETF makes up approximately 1.1% of Transcendent Capital Group LLC’s holdings, making the stock its 29th biggest holding. Transcendent Capital Group LLC’s holdings in Capital Group Growth ETF were worth $2,111,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Acorn Financial Advisory Services Inc. ADV increased its stake in shares of Capital Group Growth ETF by 39.3% in the 3rd quarter. Acorn Financial Advisory Services Inc. ADV now owns 14,825 shares of the company’s stock valued at $516,000 after buying an additional 4,183 shares during the period. Rather & Kittrell Inc. raised its holdings in Capital Group Growth ETF by 7.6% during the 3rd quarter. Rather & Kittrell Inc. now owns 11,177 shares of the company’s stock worth $389,000 after purchasing an additional 786 shares during the last quarter. Assetmark Inc. raised its holdings in Capital Group Growth ETF by 2.0% during the 3rd quarter. Assetmark Inc. now owns 135,376 shares of the company’s stock worth $4,710,000 after purchasing an additional 2,605 shares during the last quarter. Summit Global Investments lifted its position in Capital Group Growth ETF by 3.3% during the 3rd quarter. Summit Global Investments now owns 14,743 shares of the company’s stock valued at $513,000 after purchasing an additional 470 shares during the period. Finally, NavPoint Financial Inc. boosted its stake in shares of Capital Group Growth ETF by 1.9% in the 3rd quarter. NavPoint Financial Inc. now owns 31,344 shares of the company’s stock valued at $1,090,000 after purchasing an additional 592 shares during the last quarter.

Capital Group Growth ETF Price Performance

CGGR opened at $37.22 on Friday. The firm has a 50 day simple moving average of $34.62 and a 200 day simple moving average of $33.18. Capital Group Growth ETF has a fifty-two week low of $24.92 and a fifty-two week high of $37.27. The company has a market cap of $6.33 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22.

Capital Group Growth ETF Company Profile

(Free Report)

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.

See Also

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